I object to government regulators deciding what I can and cannot do with my investable funds. I receive a prospectus when I buy products that require them, and the burden is on me to make an informed decision. I do not want to have to take any special courses or pass any tests or explain my reasoning to someone outside my family. I have an investment advisor with whom I can discuss whether something is appropriate for me, and that, along with my intelligence and American citizenship should be enough.
Phyllis Warden Comment On Regulatory Notice 22-08
I object to government regulators deciding what I can and cannot do with my investable funds. I receive a prospectus when I buy products that require them, and the burden is on me to make an informed decision. I do not want to have to take any special courses or pass any tests or explain my reasoning to someone outside my family. I have an investment advisor with whom I can discuss whether something is appropriate for me, and that, along with my intelligence and American citizenship should be enough.