Anthony Comment On Regulatory Notice 22-08
"However, important regulatory concerns arise when investors trade complex products without understanding their unique characteristics and risks." Like the complex derivatives that the large financial institutions created leading up to the Global Financial Crisis and collapse of the housing bubble? Until you remove the ability of institutional investors to be excessively leveraged with margin and create complex risky derivatives in the financial markets, all of your 'protections' for the individual investor cannot be taken seriously.