I am opposed to new restrictions on who can invest in complex assets such as leveraged or inverse funds, among others. If FINRA is concerned about protecting retail investors, they should just require full and clear disclosure on all financial products and punish anyone who misrepresents them or coerces anyone into using them against their own best interest.
We are all adults here and can make our own decisions about our own money and what our own risk tolerance is.
Trevor Moore Comment On Regulatory Notice 22-08
I am opposed to new restrictions on who can invest in complex assets such as leveraged or inverse funds, among others. If FINRA is concerned about protecting retail investors, they should just require full and clear disclosure on all financial products and punish anyone who misrepresents them or coerces anyone into using them against their own best interest.
We are all adults here and can make our own decisions about our own money and what our own risk tolerance is.