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David Wineberg Comment On Regulatory Notice 22-08

David Wineberg
N/A

Add my opposition to restricting the sales of these long established securities. I live by ETFs, inverse ETFs and BDCs, which pay high dividends. To make them illiquid by making them unavailable to all is hardly leveling the playing field. It would actually destroy my whole financial plan and portfolio. This is unfair punishment for which no crime has been committed.
I finally determined a way to survive. For anyone to restrict these securities only to the very rich is unconscionable. I must therefore take this very personally. Do not sacrifice me in favor of the Wall Street high rollers. Public securities are for the public to invest in - or not, given sufficient warning. Preventing purchase or sale is entirely UnAmerican. It would ruin me.It is difficult enough without FINRA tilting the odds even further away from small investors like me. Don't do it!