I am against added restrictions to my ability to buy and sell complex products and options. As an adult, I am capable of understanding the risks involved and can judge for myself my desire for these types of products. It has never been easier to gather your own research as a retail investor than it is now, and I condemn further regulations that only attempt to fence off my ability to invest.
The rhetoric about "customer's financial sophistication," the need for "supervising" and protection from "confusion" is incredibly demeaning. I do not support additional regulations that hinder my ability to invest in the free market, or limits my access to all tools available.
Michael Cox Comment On Regulatory Notice 22-08
I am against added restrictions to my ability to buy and sell complex products and options. As an adult, I am capable of understanding the risks involved and can judge for myself my desire for these types of products. It has never been easier to gather your own research as a retail investor than it is now, and I condemn further regulations that only attempt to fence off my ability to invest.
The rhetoric about "customer's financial sophistication," the need for "supervising" and protection from "confusion" is incredibly demeaning. I do not support additional regulations that hinder my ability to invest in the free market, or limits my access to all tools available.