Charles Perkins Comment On Regulatory Notice 22-08
CHARLES PERKINS
N/A
This proposed regulation is yet another encroachment on the rights of investors, all under the flawed premise that investors need more "protection" than already exists. The Fund industry does an outstanding job of clearly spelling out the risks with leveraged investments, and any so-called investor who doesn't educate themselves to those risks has NO ONE TO BLAME BUT THEMSELVES if things go badly. This is yet another example of un-needed paternalism and this entire set of proposals needs to be WITHDRAWN IMMEDIATELY and given NO FURTHER CONSIDERATION by FINRA, or ANY OTHER ORGANISATION.
Charles Perkins Comment On Regulatory Notice 22-08
This proposed regulation is yet another encroachment on the rights of investors, all under the flawed premise that investors need more "protection" than already exists. The Fund industry does an outstanding job of clearly spelling out the risks with leveraged investments, and any so-called investor who doesn't educate themselves to those risks has NO ONE TO BLAME BUT THEMSELVES if things go badly. This is yet another example of un-needed paternalism and this entire set of proposals needs to be WITHDRAWN IMMEDIATELY and given NO FURTHER CONSIDERATION by FINRA, or ANY OTHER ORGANISATION.