I would like to know what prompted this decision ? Since leveraged and inverse funds are publicly traded I should be able to make my own decision whether to purchase these funds or not. I don't need to get special training or show competence to trade what I want. The whole last year, the ONLY fund I have used has been TQQQ. If this regulation is passed, I pretty much have to stop day trading, and that is NOT what I want to do.
Alice Terian Comment On Regulatory Notice 22-08
I would like to know what prompted this decision ? Since leveraged and inverse funds are publicly traded I should be able to make my own decision whether to purchase these funds or not. I don't need to get special training or show competence to trade what I want. The whole last year, the ONLY fund I have used has been TQQQ. If this regulation is passed, I pretty much have to stop day trading, and that is NOT what I want to do.