Paul S Comment On Regulatory Notice 22-08
No more regulations.
The brokerage firms can screen their clients.
For the Public
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
No more regulations.
The brokerage firms can screen their clients.
Leveraged funds are a great tool for building wealth, especially for those of us without large amounts of capital to begin with.
There is plenty of peer reviewed academic research that using leverage when you're young offers increased risk adjusted returns.
Free trade is free trade. I use inverse leveraged funds to help hedge my portfolio. In these volatile markets these are necessary tools to mitigate your personal risk. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leverage and inverse funds. I completely understand leverage and inverse funds and their risks. Public investments should be available to all of the public not just the privileged.