I use inverse funds and do not see a reason for FINRA making such choices more complicated, or, even worse, outright impossible. Just today, Direxion announced reverse splits for two of my holdings CWEB and YINN. I understand such occurrences and have not seen anything untoward going on where I feel in need of FINRA to be involved between me and my investment purchases in this regard.
Dennis Roman Comment On Regulatory Notice 22-08
I use inverse funds and do not see a reason for FINRA making such choices more complicated, or, even worse, outright impossible. Just today, Direxion announced reverse splits for two of my holdings CWEB and YINN. I understand such occurrences and have not seen anything untoward going on where I feel in need of FINRA to be involved between me and my investment purchases in this regard.