I strongly object to FINRA proposing obstacles to investing in inverse leveraged funds. There is absolutely no intellectual qualification for high net worth investors in complex funds today. Removing investment options for less wealthy but already self-educated investors is just a means to rig markets so that only the wealthy (and often under-educated) can profit from downturns in the market. This is unconscionable. Stop this. Wealth should not be the filter for investment options.
Vera Plechash Comment On Regulatory Notice 22-08
I strongly object to FINRA proposing obstacles to investing in inverse leveraged funds. There is absolutely no intellectual qualification for high net worth investors in complex funds today. Removing investment options for less wealthy but already self-educated investors is just a means to rig markets so that only the wealthy (and often under-educated) can profit from downturns in the market. This is unconscionable. Stop this. Wealth should not be the filter for investment options.