Abraham Popovich Comment On Regulatory Notice 22-08
Abraham Popovich
N/A
Comments: FREEDOM TO CHOOSE should be the norm. in the market any and all financial products have risk embedded. the ONLY way a trader can make use of those products in a limited risk situation is by having correct and updated information that is really understandable to most, specially pointing extreme risk situations and by educating himself on how to handle risk with those products. so, my opinion is, if FINRA wants to avoid confusion of "complex products", the best way for everyone is to FINRA take the lead to educate with interaction about possible risks to any kind of "confused" trader. help traders become competent and do not restrict their freedom of choice which is the basis of the market
Abraham Popovich Comment On Regulatory Notice 22-08
Comments: FREEDOM TO CHOOSE should be the norm. in the market any and all financial products have risk embedded. the ONLY way a trader can make use of those products in a limited risk situation is by having correct and updated information that is really understandable to most, specially pointing extreme risk situations and by educating himself on how to handle risk with those products. so, my opinion is, if FINRA wants to avoid confusion of "complex products", the best way for everyone is to FINRA take the lead to educate with interaction about possible risks to any kind of "confused" trader. help traders become competent and do not restrict their freedom of choice which is the basis of the market