Dear Sir or Madam,
I am concerned about possible restrictions to retail investors discussed in Notice 22-08. I currently personally use these types of "complex" investments to hedge against things like inflation or recession. These types ETFs make these investments accessible to people who are not institutional investors. I am concerned that the changes discussed will limit these investments to only the rich. This will provide the rich with an additional tool in their toolbox to become even richer, while the middle class will not have access to this tool.
I do believe education, not regulation is the solution. I do not believe that education even requires a test of skill or knowledge, but simply warning consumers that these products can be risky (as is already done at least on the platform I use.)
For the Public
FINRA DATA
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
FINPRO
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
FINRA GATEWAY
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
For Case Participants
DR PORTAL
Arbitration and mediation case participants and FINRA neutrals can view case information and submit documents through this Dispute Resolution Portal.
Need Help? | Check System Status
Log In to other FINRA systems
Daryl Strom Comment On Regulatory Notice 22-08
Dear Sir or Madam,
I am concerned about possible restrictions to retail investors discussed in Notice 22-08. I currently personally use these types of "complex" investments to hedge against things like inflation or recession. These types ETFs make these investments accessible to people who are not institutional investors. I am concerned that the changes discussed will limit these investments to only the rich. This will provide the rich with an additional tool in their toolbox to become even richer, while the middle class will not have access to this tool.
I do believe education, not regulation is the solution. I do not believe that education even requires a test of skill or knowledge, but simply warning consumers that these products can be risky (as is already done at least on the platform I use.)