I'm shocked to hear that leveraged products are at risk of being shut down or closed to the public. I'm a user of leveraged products and have done extensive research on my own. I already have to agree to a "Most Aggressive" statement from my broker(s) so I do not agree that more regulation is needed at this time. Warning labels are ok, education is important, but restriction to those that are able to use them safely is unacceptable.
Blake Bennie Comment On Regulatory Notice 22-08
I'm shocked to hear that leveraged products are at risk of being shut down or closed to the public. I'm a user of leveraged products and have done extensive research on my own. I already have to agree to a "Most Aggressive" statement from my broker(s) so I do not agree that more regulation is needed at this time. Warning labels are ok, education is important, but restriction to those that are able to use them safely is unacceptable.