There currently is already a process at some brokerages that involves signing a special form to enable trading of L&I ETFs. There is no need to go beyond this. This issue needs to be treated consistently with margin trading: both are a form of leverage. The level of effort/disclosure for both should be similar.
Lev Minkovsky Comment On Regulatory Notice 22-08
There currently is already a process at some brokerages that involves signing a special form to enable trading of L&I ETFs. There is no need to go beyond this. This issue needs to be treated consistently with margin trading: both are a form of leverage. The level of effort/disclosure for both should be similar.