If FINRA puts any restrictions on leveraged and/or inverse funds, it also have to put the same restrictions to other volatile stocks. There are a number of stocks that are much volatile than leveraged and/or inverse funds.
Everyone has its own right and responsibility to invest any stocks. More restrictions will make people leave the stock market, which will not help any public companies.
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Sung Suk Comment On Regulatory Notice 22-08
If FINRA puts any restrictions on leveraged and/or inverse funds, it also have to put the same restrictions to other volatile stocks. There are a number of stocks that are much volatile than leveraged and/or inverse funds.
Everyone has its own right and responsibility to invest any stocks. More restrictions will make people leave the stock market, which will not help any public companies.