Why is it that regulators want to take so much time taking away the ability for the average person to actually use a product that can let them risk and succeed toward more financial freedom and security. Products such as leveraged ETF's and Futures are complex but the individuals that invest know the risks and should have the same RIGHT to invest as any other fat cat on wall street that institution bankers and regulators will gladly bail out instead giving us all equal and fair ability. In pulling this product (or any similar product) the FINRA and the SEC is continuing to make winners and losers in society based upon rules that will never allow the little guy to win.
Raymond White Comment On Regulatory Notice 22-08
Why is it that regulators want to take so much time taking away the ability for the average person to actually use a product that can let them risk and succeed toward more financial freedom and security. Products such as leveraged ETF's and Futures are complex but the individuals that invest know the risks and should have the same RIGHT to invest as any other fat cat on wall street that institution bankers and regulators will gladly bail out instead giving us all equal and fair ability. In pulling this product (or any similar product) the FINRA and the SEC is continuing to make winners and losers in society based upon rules that will never allow the little guy to win.