Please put these products behind reasonable knowledge or acknowledgment-of-risk walls rather than wealth walls where only potentially unknowledgeable wealthy & only already-wealthy investors can capitalize on the opportunities unlocked by these products.
Jacob Wallick Comment On Regulatory Notice 22-08
Dear Financial Regulators,
Please put these products behind reasonable knowledge or acknowledgment-of-risk walls rather than wealth walls where only potentially unknowledgeable wealthy & only already-wealthy investors can capitalize on the opportunities unlocked by these products.