This is ridiculous that FIRNA is attempting to block me from investing in inverse or complex products when I know enough about what Im investing in. This is an outrage and should be protected for all retail investors.
The only reason this is happening is because a larger number of investors are investing in these waiting for markets to turn south. Ive been watching and waiting since 2008 to do this (as I imagine many others too) and to limit or restrict now that markets are struggling is outrageous.
This needs to be addressed at the highest levels to keep this available to all retail. I cant believe this is even happening.
Dallas Miller Comment On Regulatory Notice 22-08
This is ridiculous that FIRNA is attempting to block me from investing in inverse or complex products when I know enough about what Im investing in. This is an outrage and should be protected for all retail investors.
The only reason this is happening is because a larger number of investors are investing in these waiting for markets to turn south. Ive been watching and waiting since 2008 to do this (as I imagine many others too) and to limit or restrict now that markets are struggling is outrageous.
This needs to be addressed at the highest levels to keep this available to all retail. I cant believe this is even happening.