Taggart Ridings Comment On Regulatory Notice 22-08
Highly intelligent people are in all industries. Although there is some solid math involved in understanding financial decisions, it isnt so difficult to pass a series 7 to establish that it would make ones IQ higher than any average person. Adding a requirement to regulate people seems like a money-grab and another obstacle to entry in an industry with far too many advantages for the in-crowd that themselves are under-regulated and IPO thieves.