I strongly oppose this arbitrary regulation that arbitrarily singles out leveraged and inverse etfs to high net worth individuals. This is clearly a case where regulators are falling prey to political pressure to "protect" investors. These funds are incredibly useful in instances where trading futures is not available. In addition, the risks inherent to inverse and leveraged funds are no different than higher beta individual stocks. What's next, prohibit non-high worth individual investors from trading those?
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
Samuel Ludwig Comment On Regulatory Notice 22-08
I strongly oppose this arbitrary regulation that arbitrarily singles out leveraged and inverse etfs to high net worth individuals. This is clearly a case where regulators are falling prey to political pressure to "protect" investors. These funds are incredibly useful in instances where trading futures is not available. In addition, the risks inherent to inverse and leveraged funds are no different than higher beta individual stocks. What's next, prohibit non-high worth individual investors from trading those?