Skip to main content

Michael Avtonomoff Comment On Regulatory Notice 22-08

Michael Avtonomoff
N/A

Leveraged ETFs have sufficient disclosures for retail investors to understand what they are buying. It is ridiculous you’re considering additional restrictions.

Are you also exploring limitations on 100% equity portfolios because some investors might naively sell during market downturns?

The onus is not on FINRA to ensure people don’t make poor investment decisions. Having sufficient disclosures is more than enough.