I dont see how this new regulation is necessary, since the stock market is open to the PUBLIC to invest. Then I believe it should only be right for the OURSELVES (the investors) to choose what should be right for us. I can see why this regulation can benefit a few people, but I dont understand why it would be necessary to enforce it onto everyone. Just like some people gets violated or insulted on a bus, Im sure it happens everywhere in the world, not a single country or city requires people to pass a test or they wouldnt be able to ride the bus. It may seems like Im talking nonsense, but I want you, whoever is reading this, to think what is the definition of public? What makes public resource different from privileged resources.
Youquan Chen Comment On Regulatory Notice 22-08
I dont see how this new regulation is necessary, since the stock market is open to the PUBLIC to invest. Then I believe it should only be right for the OURSELVES (the investors) to choose what should be right for us. I can see why this regulation can benefit a few people, but I dont understand why it would be necessary to enforce it onto everyone. Just like some people gets violated or insulted on a bus, Im sure it happens everywhere in the world, not a single country or city requires people to pass a test or they wouldnt be able to ride the bus. It may seems like Im talking nonsense, but I want you, whoever is reading this, to think what is the definition of public? What makes public resource different from privileged resources.