As a retail trader myself, these regulations are vastly unnecessary. Why all of a sudden is the SEC and FINRA wanting to limit us small traders on Complex Products? This seems like they are in favor of the hedge funds and institutional investors only. I've personally researched all about Leveraged and Inverse Leveraged ETF's before i've invested in them. I know all the risks and benefits that come with them. Don't cut us off because of the few bad uneducated retail investors. You will be destroying millions of retail traders accounts because of these "protections". This is just another barrier for the retail trader. Every trader, big or small should have the right to choose what stocks they want to invest in. Isn't America the land of opportunity? Not the land of regulations in favor of Hedge funds and institutional investors. These regulations just seem sketchy to be honest.
David K Comment On Regulatory Notice 22-08
As a retail trader myself, these regulations are vastly unnecessary. Why all of a sudden is the SEC and FINRA wanting to limit us small traders on Complex Products? This seems like they are in favor of the hedge funds and institutional investors only. I've personally researched all about Leveraged and Inverse Leveraged ETF's before i've invested in them. I know all the risks and benefits that come with them. Don't cut us off because of the few bad uneducated retail investors. You will be destroying millions of retail traders accounts because of these "protections". This is just another barrier for the retail trader. Every trader, big or small should have the right to choose what stocks they want to invest in. Isn't America the land of opportunity? Not the land of regulations in favor of Hedge funds and institutional investors. These regulations just seem sketchy to be honest.