Leveraged and inverse funds are needed for proper price discovery and liquidity. These products can be used to hedge a larger portfolio and thus reduce volatility not increase it. The much lower daily volume of leveraged funds compared to the volume of the base product clearly shows that these products are being used at a much, much lower volume and by many, many fewer traders. There is a reason for this. Traders of these products are professionals and must be allowed to continue to have these products available.
For the Public
FINRA DATA
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
FINPRO
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
FINRA GATEWAY
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
For Case Participants
DR PORTAL
Arbitration and mediation case participants and FINRA neutrals can view case information and submit documents through this Dispute Resolution Portal.
Need Help? | Check System Status
Log In to other FINRA systems
James Damon Comment On Regulatory Notice 22-08
Leveraged and inverse funds are needed for proper price discovery and liquidity. These products can be used to hedge a larger portfolio and thus reduce volatility not increase it. The much lower daily volume of leveraged funds compared to the volume of the base product clearly shows that these products are being used at a much, much lower volume and by many, many fewer traders. There is a reason for this. Traders of these products are professionals and must be allowed to continue to have these products available.