I am a very average investor and have been using leveraged and inverse ETFs to enhance returns for over a decade.
I don't want to have to go through training or pass a test in order to trade these funds and find it insulting that FINRA thinks so little of the general public that we're incapable of understanding the benefits and risks of leveraged and inverse ETFs.
Without leveraged and inverse ETFs, I would be at a disadvantaged compared with professional investors because I wouldn't be able to earn the same returns as them during high conviction periods in the market.
It would be a great loss for me and my financial goals if FINRA were to eliminate the ability of retail investors to take advantage of leveraged ETFs.
Ivan O'Neill Comment On Regulatory Notice 22-08
I am a very average investor and have been using leveraged and inverse ETFs to enhance returns for over a decade.
I don't want to have to go through training or pass a test in order to trade these funds and find it insulting that FINRA thinks so little of the general public that we're incapable of understanding the benefits and risks of leveraged and inverse ETFs.
Without leveraged and inverse ETFs, I would be at a disadvantaged compared with professional investors because I wouldn't be able to earn the same returns as them during high conviction periods in the market.
It would be a great loss for me and my financial goals if FINRA were to eliminate the ability of retail investors to take advantage of leveraged ETFs.