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Rick Comment On Regulatory Notice 22-08

Rick
N/A

I do understand the concerns with the many options for self directed investing/trading available to people today. I believe if a broker/advisor offers a risk disclosure and the customer acknowledges it, then it's the responsibility of the customer going forward. I do agree that disclosures should layout, in simple terms, the pros and cons of the investment. Resources should also be available in cases where the customer needs more clarification. But, implementing all sorts of regulations and restrictions seems to penalize the many average responsible investors for the few that plunge into complex investments recklessly. If a person is lied to that's one thing, but sometimes an education costs....please don't over regulate our opportunities.