Greetings,
The FINRA legislation as proposed is very unfair and biased. The investing public in a free market system should be able to buy securities as they choose, as long as they understand the risk associated with it. FINRA legislation his biased against investors with small amounts to invest and gives advantages to institutional investors and high net-worth individuals. The investing game is essentially rigged for the monied class.
Edward McLean Comment On Regulatory Notice 22-08
Greetings,
The FINRA legislation as proposed is very unfair and biased. The investing public in a free market system should be able to buy securities as they choose, as long as they understand the risk associated with it. FINRA legislation his biased against investors with small amounts to invest and gives advantages to institutional investors and high net-worth individuals. The investing game is essentially rigged for the monied class.