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Vincent Manopoli Comment On Regulatory Notice 22-08

While I fully understand the need to have informed investors by placing common investment vehicles such as ESG funds , CEFs, ETF etc. on the list only serves to limit investments from the "common citizen".

In addition artifical barriers such as " broker approval" and tests seem to tilt the landscape toward forcing individuals to use "advisors" who charge fees. We know how well that works with products like annuities which are often hawked to investors based on the fear of loss.