Looks like some Karens at Finra don't think you're smart enough to use etf's responsibly. Make your opinion on this known.
https://www.letevery....com/proshares/
Action Required: Leveraged and Inverse ETF's At Risk
#1
Posted 04 May 2022 - 09:12 AM
Mark S Young
Wall Street Sentiment
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#2
Posted 04 May 2022 - 01:24 PM
Looks like something that the dealer/brokers would push to minimize 1) lawsuits from people who lose nearly everything and 2) the expense of chasing people for money as in margin calls and/or negative account balances. And, part of the problem is, as always, too many people cannot accept blame for losing. It is always "somebody else's fault". And, in a society that seems to love and even crave opportunities for litigation, well there you have it. Wall Street NEVER pushes these things to protect the public. That is just an excuse that sounds good in the press.