Market makers already hold a considerable advantage over retail investors. Removing hedging mechanisms from retail will only make the markets more unhealthy and favorable for funds. options are not available in most company funded 401k and Roth accounts. You are removing the best hedging mechanism for defense during a down turn. Retail investors need the ability to play the downside in a tumultuous economy with highly volatile markets.
Adam Loy Comment On Regulatory Notice 22-08
Market makers already hold a considerable advantage over retail investors. Removing hedging mechanisms from retail will only make the markets more unhealthy and favorable for funds. options are not available in most company funded 401k and Roth accounts. You are removing the best hedging mechanism for defense during a down turn. Retail investors need the ability to play the downside in a tumultuous economy with highly volatile markets.