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Clark Stevenson Comment On Regulatory Notice 22-08

Although I am now an accredited investor, there was a time in my early trading life that I traded instruments that you would now consider complex. By putting complex investments behind regulatory walls, I believe you are not trusting in the intelligence of the public to do their research and investigate their investments properly. This is a thinly veiled attempt to domineer over the investing public with an entirely too heavy regulatory hand.