Edelman, Nadig Say FINRA Complex Product Ideas Are ‘Unworkable,’ Terrifying
May 10, 2022 by Melanie Waddell
The Financial Industry Regulatory Authority’s potential changes to regulation of complex products are “fatally flawed” and “completely unworkable,” according to RIA founder turned crypto evangelist Ric Edelman.
As set out in Regulatory Notice 22-08, FINRA could limit retail investor access to many mutual funds, ETFs and closed-end funds, according to Dave Nadig, financial futurist at ETF Trends.
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Originally Posted at ThinkAdvsior on May 6, 2022 by Melanie Waddell.
Categories: Industry Articles