I believe it is overly restrictive for the FINRA to prohibit or control the products investors choose to use for their own benefit. Leveraged products allow individuals to participate in investment strategies that give opportunities that before creation were only available to the rich investors and therefore without these options small retail investors are at a disadvantage. As one example, as an investor with a small portfolio I cannot "short sale" the market without a leveraged inverse product.
Joel Edwards Comment On Regulatory Notice 22-08
I believe it is overly restrictive for the FINRA to prohibit or control the products investors choose to use for their own benefit. Leveraged products allow individuals to participate in investment strategies that give opportunities that before creation were only available to the rich investors and therefore without these options small retail investors are at a disadvantage. As one example, as an investor with a small portfolio I cannot "short sale" the market without a leveraged inverse product.