It is not your responsibility to decide who is intelligent enough to handle their own finances. Most people who invest in these products are fully aware of the risks and rewards. They are not that complicated. I have used them rather successfully for years. I see this as just another example of government overreach, with attempts to control and limit our individual freedom of choice. Enough is enough. Leave my portfolio alone!
Joan Whitmore Comment On Regulatory Notice 22-08
It is not your responsibility to decide who is intelligent enough to handle their own finances. Most people who invest in these products are fully aware of the risks and rewards. They are not that complicated. I have used them rather successfully for years. I see this as just another example of government overreach, with attempts to control and limit our individual freedom of choice. Enough is enough. Leave my portfolio alone!