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There is not necessarily a good reason why a regulator should have to be involved in product design and marketing for rich and sophisticated investors. We recommend that such investors should be able to sign a piece of paper, which allows them to go ahead and buy unregulated products at their own risk.
John Redwood
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There is not necessarily a good reason why a regulator should have to be involved in product design and marketing for rich and sophisticated investors. We recommend that such investors should be able to sign a piece of paper, which allows them to go ahead and buy unregulated products at their own risk.

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Men who give up the common goal of all things that exist, thereby cease to exist themselves. Some may perhaps think it strange that we say that wicked men, who form the majority of men, do not exist; but that is how it is. I am not trying to deny the wickedness of the wicked; what I do deny is that their existence is absolute and complete existence. Just as you might call a corpse a dead man, but couldn't simply call it a man, so I would agree that the wicked are wicked, but could not agree that they have unqualified existence.

BO
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The Consolation of Philosophy