As a retail investor, I am offended that more legislation is being implemented in order to "protect" retail investors who are not smart enough to comprehend products that are offered in the open market. Specifically volatility related products, which are an essential part of hedging for market risk. Why are you attempting to shut retail out of products which we can actually benefit from while we are in the middle of volatile market conditions? Please focus on issues that are more important to retail investors, like increasing the accuracy, transparency and enforcement of data coming out of institutions (i.e. short sales being "accidentally" marked as long sales)
Wesley Youn Comment On Regulatory Notice 22-08
As a retail investor, I am offended that more legislation is being implemented in order to "protect" retail investors who are not smart enough to comprehend products that are offered in the open market. Specifically volatility related products, which are an essential part of hedging for market risk. Why are you attempting to shut retail out of products which we can actually benefit from while we are in the middle of volatile market conditions? Please focus on issues that are more important to retail investors, like increasing the accuracy, transparency and enforcement of data coming out of institutions (i.e. short sales being "accidentally" marked as long sales)