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Sam Levine Comment On Regulatory Notice 22-08

Sam Levine
N/A

In light of the recent boom in private and boutique investments, I completely understand the benevolent spirit with which FINRA is attempting to protect small investors from themselves. Leveraged and inverse funds pose a risk hardly understood by everyone with a Robinhood or a TD account. However, those of us laypeople who receive investment advising and learn from friends, family, and literature are now having their rights to strategically invest threatened in the crossfire. As follows, I hope FINRA moves its tactics from regulation to investment education. These enhanced regulations merely infringe upon the rights of small investors to exercise the same tactics used by the wealthy to grow their wealth.