New York, NY securities attorney Jenice L. Malecki talks about the risks associated with investing in complex and alternative investments. She mentions that because many of these investments have short track records and are highly speculative, it is essential to ensure that the investment’s speculative nature aligns with the client’s objectives. It is critical that all risks, including potential losses and downsides, are thoroughly described to and understood by the investor. She emphasizes the importance of asking clients questions to confirm that they fully grasp how speculative the investment is and whether they are truly comfortable proceeding, including the possibility of losing their entire investment.