There is no need for FINRA to deny or block regular investors from investing in leveraged funds or complex products. I have been investing in them for years with no issues. The only thing FINRA should do is make illegal "naked" shorting of securities, commodities, or bonds. Naked shorting only serves the purpose of taking companies down or destroying commodities prices. Why this was ever allowed in the first place is beyond me. So please keep out of leveraged funds but please make illegal all naked shorting.
James Pauly Comment On Regulatory Notice 22-08
There is no need for FINRA to deny or block regular investors from investing in leveraged funds or complex products. I have been investing in them for years with no issues. The only thing FINRA should do is make illegal "naked" shorting of securities, commodities, or bonds. Naked shorting only serves the purpose of taking companies down or destroying commodities prices. Why this was ever allowed in the first place is beyond me. So please keep out of leveraged funds but please make illegal all naked shorting.