I believe public investments should be made available to the public, and not beheld to arbitrary regulations. This country operates on the principles of life, liberty, and the _pursuit_ of happiness. As such it should be the responsibility of the citizen to gauge the risk of their own assets, not a government imposition to prevent us from trying. As an investor, I am capable of gauging the risk of various instruments to my portfolio, and it is my funds that are being invested. Placing these restrictions is unreasonable, since it puts too high a burden on lower income families for no legitimate reason.
Tanmay Kotha Comment On Regulatory Notice 22-08
I believe public investments should be made available to the public, and not beheld to arbitrary regulations. This country operates on the principles of life, liberty, and the _pursuit_ of happiness. As such it should be the responsibility of the citizen to gauge the risk of their own assets, not a government imposition to prevent us from trying. As an investor, I am capable of gauging the risk of various instruments to my portfolio, and it is my funds that are being invested. Placing these restrictions is unreasonable, since it puts too high a burden on lower income families for no legitimate reason.