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David Lalonde Comment On Regulatory Notice 22-08

david lalonde
N/A

L&I funds are used by small investors to level the playing field against large investment firms who use similar instruments to move the market in directions that are counter to publicly traded firms actual performance The idea that small investors should be prevented from using these tools while big money uses them daily to sap the market of legitimate gains is another example wrong thinking. An onerous process to qualify for their use in retail trading firms and their investors is simply not warranted. FINRA would better serve the investment community if they looked into regulating the investment banks and hedge funds that have crashed the economy no less then 5 times in the last century.