Comments: I read the FINRA document and as a 30-year veteran of the financial services industry and held numerous FINRA registrations and licenses throughout my career I find this document to be a gross overreach of government regulation and intrusion into my personal financial decisions.
FINRA needs to be focused on educating investors, requiring adequate & appropriate risk disclosures and the highest levels of transparency by brokers and funds.
Adding onerous controls and requirements to individual investors should be anathema. You protect investors through education, information and transparency - not restrictive controls and intrusions into my personal decisions.
Donald Metz Comment On Regulatory Notice 22-08
Comments: I read the FINRA document and as a 30-year veteran of the financial services industry and held numerous FINRA registrations and licenses throughout my career I find this document to be a gross overreach of government regulation and intrusion into my personal financial decisions.
FINRA needs to be focused on educating investors, requiring adequate & appropriate risk disclosures and the highest levels of transparency by brokers and funds.
Adding onerous controls and requirements to individual investors should be anathema. You protect investors through education, information and transparency - not restrictive controls and intrusions into my personal decisions.