I own a RIA firm and I use leveraged ETFs for myself and select clients within a globally diversified portfolio. I've gone through a state exam to fully understand what risks should be disclosed to my clients and I've worked extensively to educate my clients on the use and risks of leveraged ETFs. I've effectively used leveraged ETFs and hold them for multi year time periods in my portfolio for the past 10 years. I believe it's best to allow individual investors to decide if they would like to use them and not throw an arbitrary regulatory blanket over all of these ETFs and how they are used by individuals. The stock market and investing is full of risks and rewards and I believe that over regulation can disenfranchise many small investors.
Adam Barnai Comment On Regulatory Notice 22-08
I own a RIA firm and I use leveraged ETFs for myself and select clients within a globally diversified portfolio. I've gone through a state exam to fully understand what risks should be disclosed to my clients and I've worked extensively to educate my clients on the use and risks of leveraged ETFs. I've effectively used leveraged ETFs and hold them for multi year time periods in my portfolio for the past 10 years. I believe it's best to allow individual investors to decide if they would like to use them and not throw an arbitrary regulatory blanket over all of these ETFs and how they are used by individuals. The stock market and investing is full of risks and rewards and I believe that over regulation can disenfranchise many small investors.