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Dan Brophy Comment On Regulatory Notice 22-08

I am a successful investor with many decades' experience. Every investment I ever made required me to analyze the risks. Some worked and some failed. I will make my own decisions. The notion of passing a regulator designed test of risk sophistication is ridiculous, frankly insulting. The entire lot of your staff has no more - and probably less - risk assessment expertise. Why should I submit myself to their permission or disapproval? Nonsense. There is another aspect to your proposed policy: these are publicly traded instruments.

Bryan Kaplan Comment On Regulatory Notice 22-08

Remember back when we used to say "it's a free country"? Remember back when our guiding mantra was personal responsibility? It's not too late to recover the essence of American freedom. That means LESS regulation, not more. Wealthy financial institutions may have convinced you that we plebs are too unsophisticated to make good decisions, but even if that was true, it wouldn't matter because America is at heart a free country. It's up to you to keep it free. Do not impose ANY limitations on how we the people of the United States of American may invest our own money. God bless.