Garrett Culbertson Comment On Regulatory Notice 22-08
Garrett Culbertson
N/A
It is my right to be able to purchase whatever financial assets I choose. My lack of money should not prevent me from participating in the same market as institutional investors. Institutional investors already face minimal regulation and are free to do whatever they would like, while retail investors are banned from day trading. Payment for order flow makes the issue even worse as only big players are even able to freely trade whatever stock and asset classes they choose. In a time of unprecedented market turmoil it is not the responsibility of FINRA to decide what assets retail can purchase.
Garrett Culbertson Comment On Regulatory Notice 22-08
It is my right to be able to purchase whatever financial assets I choose. My lack of money should not prevent me from participating in the same market as institutional investors. Institutional investors already face minimal regulation and are free to do whatever they would like, while retail investors are banned from day trading. Payment for order flow makes the issue even worse as only big players are even able to freely trade whatever stock and asset classes they choose. In a time of unprecedented market turmoil it is not the responsibility of FINRA to decide what assets retail can purchase.