Dear FINRA, the fundamental question you should ask is this: "Are you, as an investor, competent enough to make your own investment decisions (whether they are "complex" or otherwise)"? If one answer's this question as "Yes" then FINRA should have no further involvement. If one answers this question as "No" then FINRA, at most, should recommend sources to educate those persons to become better informed. I am against Regulatory Notice 22-08 and think it should be stopped, with no further taxpayer money being used to impose its will.
Anonymous Comment On Regulatory Notice 22-08
Dear FINRA, the fundamental question you should ask is this: "Are you, as an investor, competent enough to make your own investment decisions (whether they are "complex" or otherwise)"? If one answer's this question as "Yes" then FINRA should have no further involvement. If one answers this question as "No" then FINRA, at most, should recommend sources to educate those persons to become better informed. I am against Regulatory Notice 22-08 and think it should be stopped, with no further taxpayer money being used to impose its will.