Consumer Protection - Not all its’ cracked up to be

I specifically choose to opt out of the regulated environments cropping up all over the world as I have worked in two of them, namely the UK and Hong Kong and found that they spend most of their time in an attempt to restrict the products that I was able to offer my mostly experienced investor clients whilst at the same time allowing the real rogues in the offshore investment business to roam around shafting clients with immunity on the basis of the fact that they only rip people off on “approved” products. Products that the regulators go to great pains to make clear they do not endorse but whom they charge enormous amounts of money for the privelege of being authorised for sale to their masses.

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