JY Comment On Regulatory Notice 22-08
As an EDUCATED retail investor, I feel the current systems in place are a bit TOO RELAXED for retail investors/traders to access complex products. But an outright ban is also very, VERY WRONG. We may need to raise the barriers somewhat by requiring education AND a simplified form of registration (certifying they understand the risks and perhaps a small registration fee to make the point stick) from the investor/trader to allow trading of complex financial products, but certainly NOT A BAN. EDUCATED traders like myself know that complex products are for TRADING, not for INVESTING.