The Securities and Exchange Board of Indias crackdown on social-media influencers peddling advice is a losing battle. Although nine out of 10 individual traders are losing money, retail investors cant get enough of derivatives. A smartphone-led gamification of investing is complete.
great idea. right. you did that for a while and then you what you did? you started coming up with these gimmicks and these bundles and these derivatives and the securitized this i don t know what what i want youed to do was to take my dollar and find the next innovation and help build america. that s what a lot of people think and i ll tell you, one of the criticisms of that is that if i have to design innovative systems that you understand and the sec understands and the government understands, i m going to miss my window of opportunity, so why don t i go to business in a place that doesn t govern me and ask those questions and i can be innovative there. that s not the right answer, but the truth is somewhere in the middle. create enough regulation that is fair, honest and we can foresee a major problem that almost crushes the economy and at the same time leave enough room for someone to come up with something because we need money. weir anything to get some transparency i