Please, please do NOT impose the proposed new FINRA regulations. As an active investor I am practically regulated out of the marketplace, and am still suffering the damage caused by the Dodd-Frank Act. The last thing we private citizens need is more government interference in our lives, which invariable harms rather than helps. The amount of trouble and stress for regular people like me that would be caused by this measure far outweighs any perceived "protection". This is a bad idea which is simply not necessary.
Steven Yerkes Comment On Regulatory Notice 22-08
Please, please do NOT impose the proposed new FINRA regulations. As an active investor I am practically regulated out of the marketplace, and am still suffering the damage caused by the Dodd-Frank Act. The last thing we private citizens need is more government interference in our lives, which invariable harms rather than helps. The amount of trouble and stress for regular people like me that would be caused by this measure far outweighs any perceived "protection". This is a bad idea which is simply not necessary.