I’m doing a masters in law dilantin extended release mechanism Nonsense. More oversight not less. I personally know two people ripped off for huge sums of money by these unregulated types. With their retirement money gone, both had to sell their houses in the end. They had the million bucks but were not really sophisticated investors, the money having been earned not gained through investments. Our company has a very generous retirement system and allows lump sum payouts of pensions. Virtually every one of the people I worked with has the million to qualify as prey for the private equity people. These are smart, hard working people but 95% of them know absolutely nothing about investments.
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