This proposed rule is a bad idea. Making any investments is inherently risky - even the "blue chip" stocks have periods when they don't do well. Some people have a higher tolerance for risky investments than others. If they are willing to take the risks involved in buying into an investment, and they have the wherewithal to afford it, they should not be limited.
Also, the list of investments on the "risky" list is not really a very accurate list - there are some that are not that complicated, and there are some which should be there which are not.
Kurt Hoesly Comment On Regulatory Notice 22-08
This proposed rule is a bad idea. Making any investments is inherently risky - even the "blue chip" stocks have periods when they don't do well. Some people have a higher tolerance for risky investments than others. If they are willing to take the risks involved in buying into an investment, and they have the wherewithal to afford it, they should not be limited.
Also, the list of investments on the "risky" list is not really a very accurate list - there are some that are not that complicated, and there are some which should be there which are not.