Taking the rights of investors away, to choose their investments regardless of how risky or silly they may be perceived to be, really runs contrary to the goals of free markets. Yes, put warning and red flags in place to warn potential investors that certain funds are very risky, but do not restrict our ability to choose the amounts of risk we take in our individual portfolios.
Iain Davies Comment On Regulatory Notice 22-08
Taking the rights of investors away, to choose their investments regardless of how risky or silly they may be perceived to be, really runs contrary to the goals of free markets. Yes, put warning and red flags in place to warn potential investors that certain funds are very risky, but do not restrict our ability to choose the amounts of risk we take in our individual portfolios.