Matthew Clark Comment On Regulatory Notice 22-08
I write to oppose this proposed regulation. Baring the little guy, the average American, from having the same investment tools as the sophisticated institutional investors only perpetuates keeping the poor poor and the rich rich. It flies in the face of our capitalist system. It does nothing to "protect" investors. As an investor I could legally go to Vegas and lose every penny in a casino overnight, but this regulation would prevent me from investing in an SEC regulated and approved, fairly commonplace investment strategy.