Comments:FINRA should restrain from limiting access to leveraged funds. These funds are suitable for any investor that understands how leverage can be effective in achieving a financial goal. Obviously these funds are more for short term trading so the trader should be vigilant. Long term inexperienced buy and hold investors are better served elsewhere. Any investor should have access to these funds, it is the responsibility of the investor to understand the risks of investing and of trading. Government should not stand in the way to limit a persons capability and success.
Michael Kramer Comment On Regulatory Notice 22-08
Comments:FINRA should restrain from limiting access to leveraged funds. These funds are suitable for any investor that understands how leverage can be effective in achieving a financial goal. Obviously these funds are more for short term trading so the trader should be vigilant. Long term inexperienced buy and hold investors are better served elsewhere. Any investor should have access to these funds, it is the responsibility of the investor to understand the risks of investing and of trading. Government should not stand in the way to limit a persons capability and success.