Richard Ell Comment On Regulatory Notice 22-08
Does FINRA only wish to cater to the "RICH CATS" of Wall Street? ETFs are a Godsend to smaller investors, WHOM can NOT open $1 Million + accounts with Goldman Sachs, or Morgan Stanley....and get special privileges (edges) like getting 1st dibs on new IPOs etc. NOW, inverse funds are under review so SMALL fry WILL NOT be allowed to 'short' sectors of the markets? MUST we all NOW BORROW funds from brokers if we wish to HOLD overnight (or many nights) of a SHORT interest in an ETF? We'lll ALL have to SHORT the individual stocks, represented in the ETFs???