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.
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.