New York, NY securities attorney Jenice L. Malecki talks about complex and alternative investments. She explains that complex and alternative investments are often new to the market and highly structured, making them appropriate only for sophisticated investors seeking speculative opportunities. In these situations, the recommendation and suitability requirements under Regulation BI must be carefully evaluated to ensure that the investment aligns with the investor’s best interests and that the investor fully understands the product. She emphasizes that no investor should be placed in an investment they do not comprehend.