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Jared Andersen Comment On Regulatory Notice 22-08

Jared Andersen
N/A

As a 'retail investor' I support these measures. I have investments with professional financial advisors/brokers as well as my own self guided investments. I can honestly say if I were to get into complex products such as options, leveraged funds, etc I would not understand the true risks I was taking. I trust my financial advisor/broker to understand and manage these risks, so I would prefer to not lose the opportunity to participate in these types of products through them as a fiduciary. I agree that many people such as myself would not understand the risks they would be taking, and have concerns about these types of products destabilizing the system. I relate it to the mortgage/housing crisis that was fueled by greed and manipulation rather than sound practices.