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Atit Desai Comment On Regulatory Notice 22-08

Atit Desai
N/A

Leveraged , inverse, and other complex strategies are an important part of my investment profile. They allow me to be precise in the risk and asset class of my choosing compared to corporate equities which in fact encapsulated many more risks.

I do not believe regulators should interfere in the investment choices as those that want to invest in so-called complex instruments can easily read the prospectus to understand if it is a suitable investment. This is by far the easiest check of all, and I would suggest is some step is required just confirm that the prospectus has been read and no more.

Many elements of the proposal represents unwarranted bureaucratic intrusion on efficient access to market instruments by the average consumer and would ask FINRA to rescind them.