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Todd Crawford Comment On Regulatory Notice 22-08

Todd Crawford
N/A

If Finra is going to enact such extreme regulations why have registered representatives? Why would customers even need a licensed registered representative to help them with investing if the only thing they can invest in are simple investments unless they take a test. There are already more than enough regulations and compliance tools to keep registered representatives accountable. This may sound good in theory but so does Communism but in practice it is horrible. This would clearly harm the investing public. You would make some of the most helpful investment products only available to the super wealthy elite. Shame on Finra if they enact such unnecessary additional regulations.