Please hear my conviction that restricting the rights of investors to invest in complex products is unjust and unequitable. The proposal is fundamentally flawed.
The role of financial oversight is to FACILITATE investment, not RESTRICT it.
In addition, Each investor should be free to pursue financial security according to their own best judgment, not as dictated arbitrarily by others who enjoy privileged access.
Furthermore, here are some additional reasons why restricting "complex products" is a bad idea:
- it adds regulatory complexity;
- it impedes the free market;
- increases unmitigated risk for "unqualified" investors by forcing them to invest in specific "approved" avenues;
I strongly oppose this threat, and you should too.
For the Public
FINRA DATA
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
FINPRO
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
FINRA GATEWAY
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
For Case Participants
DR PORTAL
Arbitration and mediation case participants and FINRA neutrals can view case information and submit documents through this Dispute Resolution Portal.
Need Help? | Check System Status
Log In to other FINRA systems
Aaron Simpson Comment On Regulatory Notice 22-08
To whom it may concern,
Please hear my conviction that restricting the rights of investors to invest in complex products is unjust and unequitable. The proposal is fundamentally flawed.
The role of financial oversight is to FACILITATE investment, not RESTRICT it.
In addition, Each investor should be free to pursue financial security according to their own best judgment, not as dictated arbitrarily by others who enjoy privileged access.
Furthermore, here are some additional reasons why restricting "complex products" is a bad idea:
- it adds regulatory complexity;
- it impedes the free market;
- increases unmitigated risk for "unqualified" investors by forcing them to invest in specific "approved" avenues;
I strongly oppose this threat, and you should too.