I want to voice how upset this potential decision is for retail investors. FINRA should not be the arbiter of who they deem knowledgeable enough to invest in a product that is easy to understand. This is a gross overreach of power by FINRA and shows that the industry elite wants to limit what everyday investors can use to even the playing field.
Jordan Bentle Comment On Regulatory Notice 22-08
I want to voice how upset this potential decision is for retail investors. FINRA should not be the arbiter of who they deem knowledgeable enough to invest in a product that is easy to understand. This is a gross overreach of power by FINRA and shows that the industry elite wants to limit what everyday investors can use to even the playing field.