Why is this happening now? Is the economy about to crash and you do not want the average person have the ability to protect their wealth? This stinks of yet more elitism in a system that is solely designed to protect the ultra rich. The rich already have the ability to invest in companies before an IPO, leaving little value for the average person, as one example, so in an unstable economy you want to take away another vehicle to allow us to survive a recession most likely caused by said elites.
Andrew White Comment On Regulatory Notice 22-08
Why is this happening now? Is the economy about to crash and you do not want the average person have the ability to protect their wealth? This stinks of yet more elitism in a system that is solely designed to protect the ultra rich. The rich already have the ability to invest in companies before an IPO, leaving little value for the average person, as one example, so in an unstable economy you want to take away another vehicle to allow us to survive a recession most likely caused by said elites.