Limiting access to leveraged and inverse leverage ETFs based on the criteria mentioned by FINRA is another move to suppress low and middle income investors to a path to generate significant wealth. The current securities market has been very volatile across the spectrum of investors from retail to institutional. All securities from small cap to mega cap entail risk that investors need to understand. If a test of understanding is required for leveraged products then there should be a test for investing across the range of investment products. Limiting access to leveraged securities does not reduce an investors risk profile and investing in leveraged securities can provide a significant hedge against underperforming securites in an investors overall portfolio.
Brian Bermudez Comment On Regulatory Notice 22-08
Limiting access to leveraged and inverse leverage ETFs based on the criteria mentioned by FINRA is another move to suppress low and middle income investors to a path to generate significant wealth. The current securities market has been very volatile across the spectrum of investors from retail to institutional. All securities from small cap to mega cap entail risk that investors need to understand. If a test of understanding is required for leveraged products then there should be a test for investing across the range of investment products. Limiting access to leveraged securities does not reduce an investors risk profile and investing in leveraged securities can provide a significant hedge against underperforming securites in an investors overall portfolio.