As a small retail investor, I use and have been using for the past 12 years, several complex products to enhance my returns in order to save enough for my retirement. I object to any rules that would deny my access to these products as it would put my retirement goals in jeopardy. ESPECIALLY any cool down periods that may be imposed and possibly lock in temporary losses. That being said I am always in favor of education. Financial literacy needs to be taught, not just for complex products, as any financial instrument can prove disastrous if not understood. The financial system and all its investment products should be taught at the high school level.
Trevor Atwell Comment On Regulatory Notice 22-08
As a small retail investor, I use and have been using for the past 12 years, several complex products to enhance my returns in order to save enough for my retirement. I object to any rules that would deny my access to these products as it would put my retirement goals in jeopardy. ESPECIALLY any cool down periods that may be imposed and possibly lock in temporary losses. That being said I am always in favor of education. Financial literacy needs to be taught, not just for complex products, as any financial instrument can prove disastrous if not understood. The financial system and all its investment products should be taught at the high school level.