Ronald Demouthe Comment On Regulatory Notice 22-08
Ronald Demouthe
N/A
Under FINRAs potential regulations, if your investments are deemed complex you might be required to: Pass a regulator-imposed test of your specialized investment knowledge Demonstrate a high net worth Get special approval from your broker Attest to reading certain materials Go through cooling off periods where you cant invest FINRA Should mind their own business and leave individual investors alone. We individual investors are smarter than you think we are and making individual investors and traders get special training or permissions to trade is wrong and should not be instituted. We shouldn't have to go through any special process such as passing a test before you can invest in public securities, leveraged and inverse funds. I am, and most other traders are capable of understanding leveraged and inverse funds and products and their risks associated. We do not need or want these measures imposed upon us!
Ronald Demouthe Comment On Regulatory Notice 22-08
Under FINRAs potential regulations, if your investments are deemed complex you might be required to: Pass a regulator-imposed test of your specialized investment knowledge Demonstrate a high net worth Get special approval from your broker Attest to reading certain materials Go through cooling off periods where you cant invest FINRA Should mind their own business and leave individual investors alone. We individual investors are smarter than you think we are and making individual investors and traders get special training or permissions to trade is wrong and should not be instituted. We shouldn't have to go through any special process such as passing a test before you can invest in public securities, leveraged and inverse funds. I am, and most other traders are capable of understanding leveraged and inverse funds and products and their risks associated. We do not need or want these measures imposed upon us!