It has come to my attention that FINRA is considering significant and severe restrictions on my right to select my own investment vehicles. I don't need "a parent" to oversee my investments and protect me from myself. Candidly, I think this is an overreach of government powers. I am an experienced investor with a background in the financial services industry. I am very aware of all the risks of investing, from "normal" to leveraged. Are you going to take away margin also?
Respectfully, please table this very bad idea and let adults make their own decisions. I already have to sign that I understand the risks of leveraged investments. I don't need further restrictions.
Larry Hart Comment On Regulatory Notice 22-08
To whom it may concern:
It has come to my attention that FINRA is considering significant and severe restrictions on my right to select my own investment vehicles. I don't need "a parent" to oversee my investments and protect me from myself. Candidly, I think this is an overreach of government powers. I am an experienced investor with a background in the financial services industry. I am very aware of all the risks of investing, from "normal" to leveraged. Are you going to take away margin also?
Respectfully, please table this very bad idea and let adults make their own decisions. I already have to sign that I understand the risks of leveraged investments. I don't need further restrictions.
Thank you.