As a small retail investor, I think it is outrageous that FINRA should arbitrarily decide what retail investors can invest it by restricting access to inverse and leveraged funds to only high net worth individuals, and impose others barriers like 'cooling off periods' and getting special permission from brokers. Such rules and restrictions are elitist, unfair, and paternalistic. Please listen to small investors and do not go forward with this!
Jeffrey Kline Comment On Regulatory Notice 22-08
As a small retail investor, I think it is outrageous that FINRA should arbitrarily decide what retail investors can invest it by restricting access to inverse and leveraged funds to only high net worth individuals, and impose others barriers like 'cooling off periods' and getting special permission from brokers. Such rules and restrictions are elitist, unfair, and paternalistic. Please listen to small investors and do not go forward with this!