FINRA should not be restricting leveraged products since it allows retail investors to easily access strategies and products that can produce outsized gains. These strategies are normally only available to professional funds and traders that can access swap markets. While FINRA considers it is "protecting" the retail investor, it only creates more of an unfair advantage in the market for professional traders vs retail. Thus, continuing the wealth gap between wall street and main street. Let free markets be free no matter the size of the investor!
Dan Ellis Comment On Regulatory Notice 22-08
FINRA should not be restricting leveraged products since it allows retail investors to easily access strategies and products that can produce outsized gains. These strategies are normally only available to professional funds and traders that can access swap markets. While FINRA considers it is "protecting" the retail investor, it only creates more of an unfair advantage in the market for professional traders vs retail. Thus, continuing the wealth gap between wall street and main street. Let free markets be free no matter the size of the investor!