As a recently retired investment professional, I believe clients (including myself) have the right to freely select investments, (no matter how complex) and not be subject to the restrictions of FINRA's potential regulations. It is the financial professional's responsibility and within the compliance guidelines of their associated clearing/ brokerage firm to make sure the investor has a clear understanding of the risks involved in investing in what is deemed a "complex" product. I strongly oppose these limitations.
Cheryl Dixon Comment On Regulatory Notice 22-08
As a recently retired investment professional, I believe clients (including myself) have the right to freely select investments, (no matter how complex) and not be subject to the restrictions of FINRA's potential regulations. It is the financial professional's responsibility and within the compliance guidelines of their associated clearing/ brokerage firm to make sure the investor has a clear understanding of the risks involved in investing in what is deemed a "complex" product. I strongly oppose these limitations.