Skip to main content

Dwight Fields Comment On Regulatory Notice 22-08

Dwight Fields
N/A

It doesnt make sense to have all these requirements to buy complex investments. Investors need to take responsibility when they make a purchase that results in a big loss. It is common sense to do research and manage your own risks before buying complex securities. It is not fair to have investors meet all these requirements before a complex security is brought. By doing basic research on the internet, anyone can find out the risks in buying complex securities to make a decision. I have traded leveraged ETFs for years with no issue. I have no financial background. I did my own research and developed a strategy that helps to limit risks. I think it is not FINRAs duty to prevent people from buying complex investments Let the investor have the freedom to make their own decisions without unnecessary hurdles.