I have the capability of making my own investment decisions. A lot of people have investment strategies using these products and know the risks and do not put their life savings them.
I actually have a Series 7 license and understand the risks. There are others that do not have a license but are traders that make a living of trading. I do not feel the government needs to regulate. There is not widespread people losing everything. If there are people sustaining losses, those are the ones who need financial planning. Do not lump everyone into the same group!
Scott Sandus Comment On Regulatory Notice 22-08
I have the capability of making my own investment decisions. A lot of people have investment strategies using these products and know the risks and do not put their life savings them.
I actually have a Series 7 license and understand the risks. There are others that do not have a license but are traders that make a living of trading. I do not feel the government needs to regulate. There is not widespread people losing everything. If there are people sustaining losses, those are the ones who need financial planning. Do not lump everyone into the same group!