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Duncan Campbell Comment On Regulatory Notice 22-08

Duncan Campbell
N/A

FINRA's proposed regulations of Leveraged an Inverse ETF's are harmful and misguided because:
1) I am a free marketer and believe that the individual's right to choose what to invest their hard earned money should be inviolate. Otherwise mal investment is likely and that is a long term moral hazard.
2) We already have too many regulations to "protect" us investors. These regulations have direct and indirect costs. We need deregulation not more regulation.
3) This further upends our regulatory system and makes it less and less efficient and competitive.