Comments: I don't believe FINRA should disallow "retail" investors all of the options that hedge funds and more experienced traders have access to. I think education is much more valuable than preventing people from having access to "complex products". My brokerage firm already provides warnings and information about investing in leveraged and inverse funds. It is in my opinion that it is the brokerage firms responsibility to provide such information and not the responsibility of regulatory agencies to prevent access. Doing so only puts investors like myself at a disadvantage to hedge funds that have all of the tools and available products at their disposal.
Evan Davis Comment On Regulatory Notice 22-08
Comments: I don't believe FINRA should disallow "retail" investors all of the options that hedge funds and more experienced traders have access to. I think education is much more valuable than preventing people from having access to "complex products". My brokerage firm already provides warnings and information about investing in leveraged and inverse funds. It is in my opinion that it is the brokerage firms responsibility to provide such information and not the responsibility of regulatory agencies to prevent access. Doing so only puts investors like myself at a disadvantage to hedge funds that have all of the tools and available products at their disposal.