The responsibility for researching the investments that are right for any investor fall solely on that investor. While larger organisations and managed portfolio funds have extensive risk-management and analysis algorithms at their disposal, a self-directed individual investor has only the resources they choose to rely on. This is their choice to use as much or as little research as they deem appropriate, and it must be respected. It is not the place of brokers, clearinghouses, other systems, or regulators to impose any barriers, or tests to this end. The onus is on the investor to make appropriate decisions, within their own set risk tolerance. Thank you for your time.
Robert Fader Comment On Regulatory Notice 22-08
The responsibility for researching the investments that are right for any investor fall solely on that investor. While larger organisations and managed portfolio funds have extensive risk-management and analysis algorithms at their disposal, a self-directed individual investor has only the resources they choose to rely on. This is their choice to use as much or as little research as they deem appropriate, and it must be respected. It is not the place of brokers, clearinghouses, other systems, or regulators to impose any barriers, or tests to this end. The onus is on the investor to make appropriate decisions, within their own set risk tolerance. Thank you for your time.