Howard Levenson Comment On Regulatory Notice 22-08
Howard Levenson
N/A
FINRA has already established a suitability requirement on its members that do business with the public. Establishing additional suitability requirements on public investors duplicates
existing regulations.
When FINRA members have determined that certain investment products are suitable for its clients regulators only concern should be the validity of that determination and not question the clients investment decision.
Howard Levenson Comment On Regulatory Notice 22-08
FINRA has already established a suitability requirement on its members that do business with the public. Establishing additional suitability requirements on public investors duplicates
existing regulations.
When FINRA members have determined that certain investment products are suitable for its clients regulators only concern should be the validity of that determination and not question the clients investment decision.