To FINRA regulators, I've heard that you are considering to potentially deny me the freedom to choose investments that could help me protect my investments no matter what the market conditions are. The ability to purchase hedges allows me to keep my long-term investments intact and if you decide that I don't have the knowledge or skill to use them then perhaps you'd like to tell me how I should invest? There are a number of warnings and disclaimers already made present to me when purchasing any type of asset class and I know it is my responsibility to manage risk.
Paul Giles Comment On Regulatory Notice 22-08
To FINRA regulators, I've heard that you are considering to potentially deny me the freedom to choose investments that could help me protect my investments no matter what the market conditions are. The ability to purchase hedges allows me to keep my long-term investments intact and if you decide that I don't have the knowledge or skill to use them then perhaps you'd like to tell me how I should invest? There are a number of warnings and disclaimers already made present to me when purchasing any type of asset class and I know it is my responsibility to manage risk.