William Weiskopf Comment On Regulatory Notice 22-08
William Weiskopf
N/A
In September 2019, the Census Bureau reported that income inequality had reached its highest level in 50 years. COVID begins. Retail investors increase their participation in public markets (now 25% of total equities trading volume), destabilizing the status quo, and costing smart-money hedge funds and investment banks 10s of billions of dollars in losses. FINRAs response is to remove retails access to investment vehicles used by professional traders, hedge funds, and investment banks by means of a we know better and will protect you from yourself hollow rhetoric. This, after decades of compelling workers off of managed pensions and requiring they take ownership of their retirements success by actively investing for their future. Appalling.
William Weiskopf Comment On Regulatory Notice 22-08
In September 2019, the Census Bureau reported that income inequality had reached its highest level in 50 years. COVID begins. Retail investors increase their participation in public markets (now 25% of total equities trading volume), destabilizing the status quo, and costing smart-money hedge funds and investment banks 10s of billions of dollars in losses. FINRAs response is to remove retails access to investment vehicles used by professional traders, hedge funds, and investment banks by means of a we know better and will protect you from yourself hollow rhetoric. This, after decades of compelling workers off of managed pensions and requiring they take ownership of their retirements success by actively investing for their future. Appalling.