Laws and Regulation are here to assist you. It was created to keep the market fairness.
Yes, sometimes Laws and Regulation will be amended/issued after the crisis, but it is there to protect the public.
Keep it in mind, Laws and Regulation are out there to assist you, do not ignore it.
If a regulator is publishing an Investor Alert, do not ignore it, it is important for you. Read it carefully, it may reduce your financial risk.
The Regulator has knowledge, information, experience and so forth, therefore, the Investor Alerts are very important and useful for you.