How dare you try to limit what I can and can not buy. It is absolutely none of your business what I do with my money as long as my actions fit within the confines of the law. Risk is an inherent factor of market involvement and it is each investor's duty to mitigate that risk for themselves, not yours. Imposing arbitrary limitations limits both the agency of the investor and their goals rather than offering retail investors the "protection" that you tout.
Yuri P Comment On Regulatory Notice 22-08
How dare you try to limit what I can and can not buy. It is absolutely none of your business what I do with my money as long as my actions fit within the confines of the law. Risk is an inherent factor of market involvement and it is each investor's duty to mitigate that risk for themselves, not yours. Imposing arbitrary limitations limits both the agency of the investor and their goals rather than offering retail investors the "protection" that you tout.