I believe FINRA's proposed limits try to address a problem that does not exist. Retail investors should have the freedom to decide what to do with their money and Direxion does a great job with several resources in their website to inform us about the risks of leverage investments.
I understand well what the risks are of investing in leveraged ETFs and they have made me a better investor.
Also, my broker, Robinhood, provides warnings about leveraged ETFs each time I try to buy or sell the stock with big yellow characters.
Felipe Garay Comment On Regulatory Notice 22-08
I believe FINRA's proposed limits try to address a problem that does not exist. Retail investors should have the freedom to decide what to do with their money and Direxion does a great job with several resources in their website to inform us about the risks of leverage investments.
I understand well what the risks are of investing in leveraged ETFs and they have made me a better investor.
Also, my broker, Robinhood, provides warnings about leveraged ETFs each time I try to buy or sell the stock with big yellow characters.