These regulations will restrict the markets ability to determin the appropriate price for a fund. That is what the market is for - to determine the appropriate price based on the value of an investment and hopes and fears of investors. These proposed regulations will restrict the market's agility to do that. A down turn will be deeper and last longer with these regulations and will hurt investors, not help them.
Howard Lambert Comment On Regulatory Notice 22-08
These regulations will restrict the markets ability to determin the appropriate price for a fund. That is what the market is for - to determine the appropriate price based on the value of an investment and hopes and fears of investors. These proposed regulations will restrict the market's agility to do that. A down turn will be deeper and last longer with these regulations and will hurt investors, not help them.