Philippa Werner Comment On Regulatory Notice 22-08
Philippa Werner
N/A
I clicked over to a website that does not support the proposed rule, but I *DO* agree with the limitations being proposed. I was Series 7 and Series 63 licensed, and have seen many people maneuvered into investments that neither they nor their financial advisors understood. The results can be devastating. I think it might be better to do a two-pronged approach with limits on the types of investments being sold, but perhaps that is happening as well. In any case, yours is a complex job and I do not envy you!
Philippa Werner Comment On Regulatory Notice 22-08
I clicked over to a website that does not support the proposed rule, but I *DO* agree with the limitations being proposed. I was Series 7 and Series 63 licensed, and have seen many people maneuvered into investments that neither they nor their financial advisors understood. The results can be devastating. I think it might be better to do a two-pronged approach with limits on the types of investments being sold, but perhaps that is happening as well. In any case, yours is a complex job and I do not envy you!