I do not see any good reason for FINRA to restrict an individual investor from buying leveraged and/or inversed funds. Shares of any company can go down to zero so one cannot say that one product is safer than the other. FINRA should focus only on irregularities at Broker-Dealers, Capital Acquisition Brokers and not interfere with the investment choices of individuals.
Sunil Pandya Comment On Regulatory Notice 22-08
I do not see any good reason for FINRA to restrict an individual investor from buying leveraged and/or inversed funds. Shares of any company can go down to zero so one cannot say that one product is safer than the other. FINRA should focus only on irregularities at Broker-Dealers, Capital Acquisition Brokers and not interfere with the investment choices of individuals.
Thank you