I AM CURRENTLY AN OPTION BUYER AND SELLER AND SUPPORT THE REQUIREMENT OF EITHER TAKING A TEST TO ASSESS THE KNOWLEDGE THE INVESTOR HAS/HAS NOT ACQUIRED OR POSSESSES ON THE VARIOUS STRATEGIES IN OPTIONS TRADING TO ENSURE THE INVESTOR HAS THE KNOWLEDGE NEEDED TO HANDLE THE CONSEQUENCES AND RESPONSIBLITITIES ADEQUATELY. SHOULD THEY FAIL SUCH AN EXAM-OR PREFER TO TAKE A COURSE ON THESE ISSUES FOLLOWING WHICH THE EXAM IS TAKEN TO ACCOMPLISH THE SAME CLEARANCE-AFTER WHICH THEY WOULD THEN BE ABLE TO TRADE WITH LESS RISK TO THE VULNERABILITY OF THE OUTCOMES THAT COME FROM IGNORANCE OF THE PROCESS-THAT A COURSE CAN ELIMINTE AND AN EXAM ON COPLETION OF THE COURSE OR THE TAKING OF THE EXAM IF ONE FEELS THEY HAVE THE SKILLL TO PASSS THE EXAM WITHOUT TAKING THE COURSE -AND BEING REUIRED TO TAKE THE COURSE AND PASS THE EXAM IF THEY DO NOT PASS THE EXAM-THEREBY REDUCNG THE RISK OF CREATING SIGNIFICANT LOSSES UNWITTINGLY DUE TO THEIR LACK OF KNOWLEDGE.
Garry Shomair Comment On Regulatory Notice 22-08
I AM CURRENTLY AN OPTION BUYER AND SELLER AND SUPPORT THE REQUIREMENT OF EITHER TAKING A TEST TO ASSESS THE KNOWLEDGE THE INVESTOR HAS/HAS NOT ACQUIRED OR POSSESSES ON THE VARIOUS STRATEGIES IN OPTIONS TRADING TO ENSURE THE INVESTOR HAS THE KNOWLEDGE NEEDED TO HANDLE THE CONSEQUENCES AND RESPONSIBLITITIES ADEQUATELY. SHOULD THEY FAIL SUCH AN EXAM-OR PREFER TO TAKE A COURSE ON THESE ISSUES FOLLOWING WHICH THE EXAM IS TAKEN TO ACCOMPLISH THE SAME CLEARANCE-AFTER WHICH THEY WOULD THEN BE ABLE TO TRADE WITH LESS RISK TO THE VULNERABILITY OF THE OUTCOMES THAT COME FROM IGNORANCE OF THE PROCESS-THAT A COURSE CAN ELIMINTE AND AN EXAM ON COPLETION OF THE COURSE OR THE TAKING OF THE EXAM IF ONE FEELS THEY HAVE THE SKILLL TO PASSS THE EXAM WITHOUT TAKING THE COURSE -AND BEING REUIRED TO TAKE THE COURSE AND PASS THE EXAM IF THEY DO NOT PASS THE EXAM-THEREBY REDUCNG THE RISK OF CREATING SIGNIFICANT LOSSES UNWITTINGLY DUE TO THEIR LACK OF KNOWLEDGE.