Comments:Respected Officer, I would strongly urge you not to implement proposed rule for following reasons 1. FINRA should not restrict legitimate strategies from educated individual investors and provide only to few privileged. This is not promoting equal opportunity.
2. FINRA should limit itself for education and not arbitrarily decide knowledge and ability of individual investor
3.Introducing new regulation will be changing rule of game in mddle as Investment made based on current regulation will severely harmed and instead of protecting investor , it will do irreparable harm as it will cause forced exit at inappropriate time.
Ritesh Modi Comment On Regulatory Notice 22-08
Comments:Respected Officer, I would strongly urge you not to implement proposed rule for following reasons 1. FINRA should not restrict legitimate strategies from educated individual investors and provide only to few privileged. This is not promoting equal opportunity.
2. FINRA should limit itself for education and not arbitrarily decide knowledge and ability of individual investor
3.Introducing new regulation will be changing rule of game in mddle as Investment made based on current regulation will severely harmed and instead of protecting investor , it will do irreparable harm as it will cause forced exit at inappropriate time.