More regulation is NOT the answer. DIY retail investors should have the same level of access to products as professionals; they’ve CHOSEN to DIY because they believe they have sufficient skill and knowledge. People don’t need to be “protected” from themselves. Give everyone EQUAL access to products instead of walling off “complex” products to institutions and elites.
Anonymous Comment On Regulatory Notice 22-08
More regulation is NOT the answer. DIY retail investors should have the same level of access to products as professionals; they’ve CHOSEN to DIY because they believe they have sufficient skill and knowledge. People don’t need to be “protected” from themselves. Give everyone EQUAL access to products instead of walling off “complex” products to institutions and elites.