I am concerned that the regulators would curtail the publics ability to protect the downside or enhance the upside of market movements for some investors but allow those same products for others. That is a two-tiered system and runs counter to the free and open market that is essential to allowing all investors to invest on an even playing field.
Jonathan White Comment On Regulatory Notice 22-08
Hi Finra,
I am concerned that the regulators would curtail the publics ability to protect the downside or enhance the upside of market movements for some investors but allow those same products for others. That is a two-tiered system and runs counter to the free and open market that is essential to allowing all investors to invest on an even playing field.