I oppose the FINRA Regulatory Notice #22-08. This regulation is an unprecedented attack on the workings of a free market system. It has no basis in reality, meaning it is not addressing any real issue. There is no need for this type of regulation, it is not protecting anybody and it seems a covert attempt to manipulate and allow further manipulation of markets. We do not need more draconian, quasi-totalitarian regulations to cripple and manipulate the market more than it already exists.
The financial markets have been operating fine for decades without the need for a regulation like this. Please STOP attempts to introduce regulations like this #22-08.
Jo Ma Comment On Regulatory Notice 22-08
I oppose the FINRA Regulatory Notice #22-08. This regulation is an unprecedented attack on the workings of a free market system. It has no basis in reality, meaning it is not addressing any real issue. There is no need for this type of regulation, it is not protecting anybody and it seems a covert attempt to manipulate and allow further manipulation of markets. We do not need more draconian, quasi-totalitarian regulations to cripple and manipulate the market more than it already exists.
The financial markets have been operating fine for decades without the need for a regulation like this. Please STOP attempts to introduce regulations like this #22-08.
Thanks,
Jo Ma