I believe it to be unjust for FINRA to restrict the trading availability for certain products. As a trader of leveraged funds, I understand the risks associated with them. This is not where the entirety of my portfolio lies, but even it was I should have the right to allocate my funds however I may choose. I see your interest in limiting risk potential for traders, however I also believe it should be up to the individual to forecast the risks associated with each of their trades.
John Wight Comment On Regulatory Notice 22-08
I believe it to be unjust for FINRA to restrict the trading availability for certain products. As a trader of leveraged funds, I understand the risks associated with them. This is not where the entirety of my portfolio lies, but even it was I should have the right to allocate my funds however I may choose. I see your interest in limiting risk potential for traders, however I also believe it should be up to the individual to forecast the risks associated with each of their trades.