I do not need a regulator to tell me when and how I can invest in leveraged or inverse funds. They are easy products to understand and much less complicated than options. Inverse leveraged ETFs in particular, provide vital hedges against market volatility when one wishes to hold positions in common stocks they believe in, but understand market sentiment is going in a negative direction. This kind of positioning has been vital to my financial health. You are not doing any favors to retail investors by deeming only rich/institutional investors be allowed to invest in these funds. It will simply alienate retail investors and contribute to an environment where there is less market participation, hence a declining market. It's also extremely insulting to our intelligence.
For the Public
FINRA DATA
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
FINPRO
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
FINRA GATEWAY
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
For Case Participants
DR PORTAL
Arbitration and mediation case participants and FINRA neutrals can view case information and submit documents through this Dispute Resolution Portal.
Need Help? | Check System Status
Log In to other FINRA systems
Raymond Achord Comment On Regulatory Notice 22-08
I do not need a regulator to tell me when and how I can invest in leveraged or inverse funds. They are easy products to understand and much less complicated than options. Inverse leveraged ETFs in particular, provide vital hedges against market volatility when one wishes to hold positions in common stocks they believe in, but understand market sentiment is going in a negative direction. This kind of positioning has been vital to my financial health. You are not doing any favors to retail investors by deeming only rich/institutional investors be allowed to invest in these funds. It will simply alienate retail investors and contribute to an environment where there is less market participation, hence a declining market. It's also extremely insulting to our intelligence.