Proprietary trader more than 10 years trading experience
Less regulation, not more. Existing disclosures on options and complex products are sufficient and clear. Retail traders and investors need level playing field, not more barriers to market access, especially access to innovative financial products. Options and leveraged ETFs, when used properly, are very useful and accelerate the journey towards financial goals. I urge FINRA to maintain status quo. Less regulatory red tape is the best protection for retail investors. Retail investors are protected by not having market opportunity and market access forcefully taken away from them. Thank you.
John L Comment On Regulatory Notice 22-08
Less regulation, not more. Existing disclosures on options and complex products are sufficient and clear. Retail traders and investors need level playing field, not more barriers to market access, especially access to innovative financial products. Options and leveraged ETFs, when used properly, are very useful and accelerate the journey towards financial goals. I urge FINRA to maintain status quo. Less regulatory red tape is the best protection for retail investors. Retail investors are protected by not having market opportunity and market access forcefully taken away from them. Thank you.