>Your comparison between comprehending financial principles (which are “not hard” according to you) with comprehending driving a car tells me you are severely d

>Your comparison between comprehending financial principles (which are “not hard” according to you) with comprehending driving a car tells me you are severely disconnected from regular folks. People understand the concept of 'don't put all your eggs in one basket'. People understand the concept of 'no pain, no gain'. It is not difficult to apply these to stocks. This isn't about understanding accounting or understanding exactly how to measure the risk of a stock. You don't need to understand physics to understand why a seat belt saves lives. You just need a very basic understanding of being ejected from a car. This isn't about getting them enough understanding to build a seat belt that saves lives, only about getting enough understanding to use the seat belt provided. >The best I could do is try to lobby for laws that prevent attitudes like yours from applying regular people, because it would amount, quite literally, to preying on the incompetence of average workers who don’t have specialized financial decision making skills... which is largely what our whole banking and retirement systems are set up to do. You will find that people do not like being treated as children and will avoid your regulations for the sake of making profit, often choosing far more unwise methods than the ones you are preventing. If your political stance is to treat adults, especially older adults nearing retirement as children, you will find yourself unable to enact any of the silly measures you think will help. We can't even get the elderly who no longer can safely drive vehicles to stop driving them, an action that puts the lives of innocents at risk. It will be taken, perhaps justly so, as trying to legally forbid the common methods from making a profit and forcing them to use worse options that will allow them to be taken advantage of, just like modern day pensions do.