This regulation is classist and assumes anyone not in possession of wealth is too stupid to understand these investments. Limiting specific investments to only high net worth individuals will only exacerbate the wealth inequality in our country and is the antithesis of what America stands for. Anyone can learn to understand all of these investments and should be able to determine for themselves whether they are willing to risk their money on them.
Chelcy Strain Comment On Regulatory Notice 22-08
This regulation is classist and assumes anyone not in possession of wealth is too stupid to understand these investments. Limiting specific investments to only high net worth individuals will only exacerbate the wealth inequality in our country and is the antithesis of what America stands for. Anyone can learn to understand all of these investments and should be able to determine for themselves whether they are willing to risk their money on them.