Same here. This article just got my blood boiling. Oh the poor investors! Like they're 5 years old... Rule #1 of humanity, Treat people like they're stupid and they will act stupid. This has been proven in traffic and street sign design.
It seems like there are only 2 sides to this argument. The "leave it all alone and let people learn the hard way" (which has been shown to collapse economies, create bubbles, and get manipulative corrupt / stupid tyrants into office) and "regulate everything to down the subatomic level" (which stagnates human progress and creates a society comfortable and stupid enough to drink anything that doesn't have a warning label on it).
I lost money in Bitcoin and it was MY fault, not the government's. I'm glad I had the opportunity and freedom to make that mistake. Rather than keep people safe from risk we should allow risk but FORCE warnings. When you explicitly tell grandma and grandpa that 93% of startups go out of business in their __ year and the company they're investing in can go belly up and leave their pockets empty at any moment, you've done your job. If they still invest their ENTIRE retirement into a YouTube clone there's nothing you can really do for them. It's sad but it's reality.
People already rack up $3,000 of credit card debt, $100,000 of student loans. Call it the Financial Darwin Awards. What can you do? What should you do? Personally I believe in a "Educate Against but Allow" philosophy. Humanity must be allowed to make mistakes, it is the universal way to learn and grow. The same way we MUST be exposed to bacteria and viruses otherwise our immune systems go to shit. (Google: "washing your hands too much")
Anyway, if these "hand holding legislators" put as much effort into fixing the country's broken and inadequate drivers license tests as much as they try to prevent anyone from taking a financial risk, 40,000 people in the USA wouldn't die every year from auto related accidents. I wish they'd over-regulate something that needed it.