Hilliard Gastfriend Comment On Regulatory Notice 22-08
FINRA Regulators: I am concerned about new regulations that might ban or limit my ability to invest in certain mutual funds/EMFs, specifically those that would limit or ban leveraged and/or inverse leveraged funds. I can't help but guess that the reason Vanguard recently blocked access to these funds came ahead of your possible system-wide regulations. I have contacted Vanguard to express my distress over their situation, which in their case, is logically unsound and unreasoned considering that they allow options trading of almost all stripes and varieties.