Michael Kessler Comment On Regulatory Notice 22-08
Michael Kessler
N/A
Its interesting to see how FINRA favors "big money", who causes most of the chaos and wide market swings, over those of whom are considered the (retail investor). Every prospectus lists the risks associated with the particular stock or fund, stating "Investor beware", yet FINRA considers margin and option trading less riskier. Regulators tend to pick the "flavor of the day" to pick at and remove the retail investors ability to buy and sell without added bureaucracy. This is not a heathy direction to take. There are far riskier financial endeavors available to the public (e.g. lotteries, casinos, etc) needing attention versus the targeting of the retail investor.
Michael Kessler Comment On Regulatory Notice 22-08
Its interesting to see how FINRA favors "big money", who causes most of the chaos and wide market swings, over those of whom are considered the (retail investor). Every prospectus lists the risks associated with the particular stock or fund, stating "Investor beware", yet FINRA considers margin and option trading less riskier. Regulators tend to pick the "flavor of the day" to pick at and remove the retail investors ability to buy and sell without added bureaucracy. This is not a heathy direction to take. There are far riskier financial endeavors available to the public (e.g. lotteries, casinos, etc) needing attention versus the targeting of the retail investor.