This rule is unacceptable. There is no place to limit "risky" investments from the people. If someone decides to invest in something they do not fully understand, they are accepting the risk that they may loose significant amounts of money. There is no reason to protect people from these. Everyone should be provided with free choice to invest where they wish. Worst case scenario, they loose their money, which is their own risk they have accepted.
Devon Sindt Comment On Regulatory Notice 22-08
This rule is unacceptable. There is no place to limit "risky" investments from the people. If someone decides to invest in something they do not fully understand, they are accepting the risk that they may loose significant amounts of money. There is no reason to protect people from these. Everyone should be provided with free choice to invest where they wish. Worst case scenario, they loose their money, which is their own risk they have accepted.