Douglas VanTornhout Comment On Regulatory Notice 22-08
As a private investor, I am concerned that the proposed regulations in Notice #22-08 will unnecessarily limit the ability of private investors to effectively manage diverse portfolios.
Legal, publicly available investments should be available to all investors and not unnecessarily limited.
Investment product suppliers and managers should be required to provide extensive information to allow investors to make informed decisions. Investors should be allowed to review that material and make their own decisions. A structured test would be intrusive and unnecessary.