The government should have no role in limiting an individual's ability to invest their money how they deem fit. We do not need "big brother" to protect us from ourselves. Markets work best when they are NOT manipulated by Washington politicians and bureaucrats. It's bad policy to limit any person's ability to lawfully make money, especially when big-money lobbyists (i.e., former Administration and Capitol Hill staffers) have every ability to enrich themselves with special access and favors. DO NOT limit our ability to invest money. DO NOT force people to go through an unnecessary special process to invest. DO NOT limit our ability to hedge our investments against downside risk. DO NOT limit our ability to maximize profits by trading leveraged funds.
Robert Jacobs Comment On Regulatory Notice 22-08
The government should have no role in limiting an individual's ability to invest their money how they deem fit. We do not need "big brother" to protect us from ourselves. Markets work best when they are NOT manipulated by Washington politicians and bureaucrats. It's bad policy to limit any person's ability to lawfully make money, especially when big-money lobbyists (i.e., former Administration and Capitol Hill staffers) have every ability to enrich themselves with special access and favors. DO NOT limit our ability to invest money. DO NOT force people to go through an unnecessary special process to invest. DO NOT limit our ability to hedge our investments against downside risk. DO NOT limit our ability to maximize profits by trading leveraged funds.