Ryan Garr Comment On Regulatory Notice 22-08
As a former FINRA RIA, I have demonstrated the requisite qualifications to sell capital markets products to my customers. Gauging an individual investor's suitability based on net worth is not only misguided, it's also insulting. I should be able to invest in whichever product I deem appropriate. Particularly at a small amount. Without some bureaucrat's input who knows nothing about my investment strategy nor financial acumen. I don't rely on a broker to make financial decisions for me. Why should a regulator do that?