You are doing the public no favors by limiting it's access to capital markets. Leveraged ETFs play an important role in giving middle America the opportunity to beat the market and you should be ashamed of yourselves for attempting to pass any regulation which would prevent someone from trying to build wealth for their future. At a time of unprecedented income inequality any action by FINRA which would have the unintended consequence of preventing the working class from ascending into the upper middle class is particularly tone def. Shame on you
Anthony Jacoby Comment On Regulatory Notice 22-08
You are doing the public no favors by limiting it's access to capital markets. Leveraged ETFs play an important role in giving middle America the opportunity to beat the market and you should be ashamed of yourselves for attempting to pass any regulation which would prevent someone from trying to build wealth for their future. At a time of unprecedented income inequality any action by FINRA which would have the unintended consequence of preventing the working class from ascending into the upper middle class is particularly tone def. Shame on you