@vasungmi
Understanding where the law stops matters as much as understanding what it says. Jurisdictional restraint isn’t just a legal issue. It’s good regulatory policy. Two reasons why ⬇️
1. Regulators have finite resources. They should act where there's a clear mandate and maximum impact. It might feel ambitious to tackle global problems with domestic tools - especially when real harm is involved. But just because you can reach doesn't mean you should. Focus matters.
2. Investor accountability. Sometimes the best protection is making clear where protections don't apply. If you trade on foreign venues, you're taking on the risk of opting out of your home jurisdiction's protections. That risk is part of the decision.
https://x.com/HesterPeirce/status/1953163640934174955