Ryan Goudelocke Comment On Regulatory Notice 22-08
Ryan Goudelocke
N/A
Dear Sirs/Madams,
As a retail investor, this is a terrible idea. Brokerages already offer nearly unlimited exposure to leverage with options, futures, futures options, and other products; not to mention 4x margin availability to even relatively small account-holders. Restricting access to some polymorph of accredited investors will only deprive informed retail investors of one of their few hedge vehicles; and, as seems par for the course in securities rule making, favor the better resourced over the lesser.
FINRAs energies would be FAR better aimed at reducing rampant market manipulation by institutional players, not sandboxing retail investors for protection they do not need and will not benefit from.
Ryan Goudelocke Comment On Regulatory Notice 22-08
Dear Sirs/Madams,
As a retail investor, this is a terrible idea. Brokerages already offer nearly unlimited exposure to leverage with options, futures, futures options, and other products; not to mention 4x margin availability to even relatively small account-holders. Restricting access to some polymorph of accredited investors will only deprive informed retail investors of one of their few hedge vehicles; and, as seems par for the course in securities rule making, favor the better resourced over the lesser.
FINRAs energies would be FAR better aimed at reducing rampant market manipulation by institutional players, not sandboxing retail investors for protection they do not need and will not benefit from.