Please do not be condescending or ignorant about unnecessary regulations. Leveraged etf's are a safe and effective way to hedge wealth and/or create investment profits. Leveraged and inverse funds are essential to manage down markets and as a mature investor I do not need Finra guidance on what to do with my money. In my view this maybe a play to limit downside momentum in the stock market and if true is heavy handed and producing very minimal results. Essentially, smaller investors need a way to hedge portfolios aside from just parking funds in cash to avoid downside risk.
Basil Pelensky Comment On Regulatory Notice 22-08
Please do not be condescending or ignorant about unnecessary regulations. Leveraged etf's are a safe and effective way to hedge wealth and/or create investment profits. Leveraged and inverse funds are essential to manage down markets and as a mature investor I do not need Finra guidance on what to do with my money. In my view this maybe a play to limit downside momentum in the stock market and if true is heavy handed and producing very minimal results. Essentially, smaller investors need a way to hedge portfolios aside from just parking funds in cash to avoid downside risk.