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John Rhodes Comment On Regulatory Notice 22-08

JOHN RHODES
N/A

Regarding FINRA Regulatory Notice #22-08, putting what said notice of preventing potential buyers of leveraged and inverse funds means to individuals already holding such positions: When and if valuations of normal Wall Street stocks crash or tank, those already holding positions of leveraged and inverse funds will either not be able to profit or recoup from potential loss. As those already holding such positions will not be able to sell to all potential buyers otherwise available without the FINA Regulation imposed, does FINRA intend to reimburse anyone already holding such positions when they cannot sell? Via "Regulatory Notice #22-08," FINRA is trying to have a Free Market that only works one way, for Market Insiders.