Comments: I believe that the foundation of a free market is the ability to choose the financial decisions that we as people make. While I understand that regulation is necessary to create a safe market environment with lower risk and less chance of inexperienced losses, there could be no possible way in which new regulations would be fair to all types of investors. A small percentage of investors outside of firms also trade leveraged ETFs or equities, and this will directly impact their investment goals or strategies that are currently in place. I believe that it should not be the decision of members of the board of FINRA to limit who has access to these equities, as the stock market is for the people and it is a part of the free market that the system of capitalism is based upon, the idea that the greater population and the individual both have the power to make their own financial decisions and choose their own risk.
Dylan Timms Comment On Regulatory Notice 22-08
Comments: I believe that the foundation of a free market is the ability to choose the financial decisions that we as people make. While I understand that regulation is necessary to create a safe market environment with lower risk and less chance of inexperienced losses, there could be no possible way in which new regulations would be fair to all types of investors. A small percentage of investors outside of firms also trade leveraged ETFs or equities, and this will directly impact their investment goals or strategies that are currently in place. I believe that it should not be the decision of members of the board of FINRA to limit who has access to these equities, as the stock market is for the people and it is a part of the free market that the system of capitalism is based upon, the idea that the greater population and the individual both have the power to make their own financial decisions and choose their own risk.