Yinghua "Winston' Mei Comment On Regulatory Notice 22-08
As an individual investor, I will OBJECT too much regulatory requirements on investors. It will NOT protect small investors, instead of creates confusion and overhead (which will be added to investors in some way). Most stocks aren't less risky than leveraged and inverse funds are.
Any proposal that testing specialized investment knowledge, demonstrate a high net worth and go though a cooling off period will just sound great, but in real world, it is NOT to do any help to investor..