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Jane Edmondson Comment On Regulatory Notice 22-08

Jane Edmondson
N/A

While I am sure the intent of this proposal is to protect retail investors, things like quizzes on investment knowledge are ridiculous. The definition of complex products is complex. Do target date funds in everyones 401k meet that criteria? I think FINRA needs to take a step back. Retail investors should have access to all the products they need including hedged products, inverse and levered products, etc. I am a big believer in democratizing access to the betterment of all.