Im not certain about the rationale behind your proposed limitation of trading leveraged exchange traded funds.
People can open options accounts and lose money very quickly. And these accounts exemplify confusion. Condors, straddles, bow ties, synthetic buys, etc.
People can open futures account and lose money very quickly.
People can open Forex accounts and lose money extremely quickly.
People can open bitcoin and other cryptocurrency accounts and lose money very quickly.
Leveraged ETF accounts can be volatile but they are based on a basket of stocks. Unless all those stocks go bankrupt and cease trading there is no possibility to lose your entire investment like there is in Forex, cryptocurrencys, futures, and potentially stock options.
For the Public
FINRA DATA
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
FINPRO
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
FINRA GATEWAY
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
For Case Participants
DR PORTAL
Arbitration and mediation case participants and FINRA neutrals can view case information and submit documents through this Dispute Resolution Portal.
Need Help? | Check System Status
Log In to other FINRA systems
Allan Wade Comment On Regulatory Notice 22-08
Im not certain about the rationale behind your proposed limitation of trading leveraged exchange traded funds.
People can open options accounts and lose money very quickly. And these accounts exemplify confusion. Condors, straddles, bow ties, synthetic buys, etc.
People can open futures account and lose money very quickly.
People can open Forex accounts and lose money extremely quickly.
People can open bitcoin and other cryptocurrency accounts and lose money very quickly.
Leveraged ETF accounts can be volatile but they are based on a basket of stocks. Unless all those stocks go bankrupt and cease trading there is no possibility to lose your entire investment like there is in Forex, cryptocurrencys, futures, and potentially stock options.