I understand your concerns regarding the complex products and associated risk. However, I would suggest you leave the decision to the investor, You can play a key role by mandating product providers to disclose all the risks and details about the underlying securities.
I would not expect FINRA to block the product provider to offer any product unless the underlying securities are illegal.
Mihir Naik Comment On Regulatory Notice 22-08
Thanks for asking investor's feedback.
I understand your concerns regarding the complex products and associated risk. However, I would suggest you leave the decision to the investor, You can play a key role by mandating product providers to disclose all the risks and details about the underlying securities.
I would not expect FINRA to block the product provider to offer any product unless the underlying securities are illegal.
Thanks for spreading awareness.