Platforms like Fidelity, Vanguard, TD Ameritrade, etc. put checks before investors are able to invest in these ETFs/Funds. I believe these are sufficient safeguards. FINRA should not take away the ability to trade in these instruments and limit the ability for knowledgeable investors to benefit from the fluctuations in the market, while investment banks are able to make millions off them.
Sid Basu Comment On Regulatory Notice 22-08
Platforms like Fidelity, Vanguard, TD Ameritrade, etc. put checks before investors are able to invest in these ETFs/Funds. I believe these are sufficient safeguards. FINRA should not take away the ability to trade in these instruments and limit the ability for knowledgeable investors to benefit from the fluctuations in the market, while investment banks are able to make millions off them.