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Philip Brumfield Comment On Regulatory Notice 22-08

Philip Brumfield
N/A

Comments: FINRA is just another expanding bureaucracy expanding to meet the needs of an expanding bureaucracy.

Their timing is propitious: just as "buy and hold" stock investors are about to get clobbered senseless by a prolonged recession, they want to close off all other alternatives.

I've never seen any point to FINRA and they really ought to be banished from having any say whatever in markets, anywhere.