Comments: A custodian of private individual accounts should provide a disclaimer when L&I funds are purchased. It should detail the risks and advise that it is not a long-term holding. No one should be restricted from purchasing these products. An informed individual should scale his or her risk tolerance before purchase.
Roger Ray Comment On Regulatory Notice 22-08
Comments: A custodian of private individual accounts should provide a disclaimer when L&I funds are purchased. It should detail the risks and advise that it is not a long-term holding. No one should be restricted from purchasing these products. An informed individual should scale his or her risk tolerance before purchase.