William Polites Comment On Regulatory Notice 22-08
William Polites
N/A
I was a financial advisor for 35 years (brokercheck.org).
The damage you have already done to the industry is the reason why so many individual investors have lost so much money during the current bear market and will lose so much more before it ends.
Your regulations have basically forced advisors to place clients into 60/40 plain vanilla portfolios that are being decimated by rising interest rates instead of using investments that hedge with options.
You will never admit to your culpability in this disaster but please just cease and desist from this point forward.
William Polites Comment On Regulatory Notice 22-08
I was a financial advisor for 35 years (brokercheck.org).
The damage you have already done to the industry is the reason why so many individual investors have lost so much money during the current bear market and will lose so much more before it ends.
Your regulations have basically forced advisors to place clients into 60/40 plain vanilla portfolios that are being decimated by rising interest rates instead of using investments that hedge with options.
You will never admit to your culpability in this disaster but please just cease and desist from this point forward.