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Gokul Mukunda Comment On Regulatory Notice 22-08

Gokul Mukunda
N/A

I oppose the proposed rule changes from FINRA that may prevent or restrict investors from buying a broad range of public securities designated as complex products.

I believe that while consumer protection is key, the overarching trend of the past 20 years has been towards greater consumer choice in their investment options. Although this has at times led to deviations from what one may argue is the "true" price of some securities (e.g., "Meme stocks", Dogecoin, etc.), on balance the impact has been overwhelmingly positive for more democratized participation in markets & increased capital formation. The proposed regulations will hamper both of these goals, and I am not in support of them.