I believe investors should be able to make their own decisions based on the opportunity to invest in innovative technology. Many investors dont have the millions or billions of dollars to invest in start ups or big private equity deals like all the multi billionaires, VCs andPE firms do and by limiting the average retail investor to only buy proven mutual funds that are a basket of stocks you will never give them the same opportunity to invest in early innovative technology that give a much better risk reward than an S&P fund. If your goal is to keep the general public in the same wealth camp as they always have been and have the disparity in wealth stay the same then you would be accomplishing this by restricting these innovative investments inside a persons retirement plan.give them the option and let them decide the appropriate amount when working with their custodian/ fiduciary.
Brian Trechok Comment On Regulatory Notice 22-08
I believe investors should be able to make their own decisions based on the opportunity to invest in innovative technology. Many investors dont have the millions or billions of dollars to invest in start ups or big private equity deals like all the multi billionaires, VCs andPE firms do and by limiting the average retail investor to only buy proven mutual funds that are a basket of stocks you will never give them the same opportunity to invest in early innovative technology that give a much better risk reward than an S&P fund. If your goal is to keep the general public in the same wealth camp as they always have been and have the disparity in wealth stay the same then you would be accomplishing this by restricting these innovative investments inside a persons retirement plan.give them the option and let them decide the appropriate amount when working with their custodian/ fiduciary.