It is very important that I as an investor have the right to freely access the entirety of the public securities markets without arbitrary restrictions. It is my freedom to choose the investments that I believe will achieve long-term financial security. The definition of "complex products" is broad and vague. I am capable of understanding leverages and inverse funds and their risks without having to go through a process such as a test before I can invest. I should have the right to choose the investments that are right for me. The FINRA potential regulations gives the regulators the power to decide what I should or should not invest in. Public investments should be available to all of the public, not just the privileged.
Nancy Russell Comment On Regulatory Notice 22-08
It is very important that I as an investor have the right to freely access the entirety of the public securities markets without arbitrary restrictions. It is my freedom to choose the investments that I believe will achieve long-term financial security. The definition of "complex products" is broad and vague. I am capable of understanding leverages and inverse funds and their risks without having to go through a process such as a test before I can invest. I should have the right to choose the investments that are right for me. The FINRA potential regulations gives the regulators the power to decide what I should or should not invest in. Public investments should be available to all of the public, not just the privileged.