I use leveraged products as part of my portfolio and I am well aware of the risks they carry. Leverage products such as UPRO and TQQQ can be used effectively as a component of a broader investment strategy and should not be restricted from public retail investors because some decide not to properly educate themselves on the risk they carry. It is important for individual citizens to have the choice to pick which financial products are appropriate for them based on their risk tolerance. I am more than capable of understanding these products without having to take a special and depend heavily on them for my investments.
Anand K Comment On Regulatory Notice 22-08
I use leveraged products as part of my portfolio and I am well aware of the risks they carry. Leverage products such as UPRO and TQQQ can be used effectively as a component of a broader investment strategy and should not be restricted from public retail investors because some decide not to properly educate themselves on the risk they carry. It is important for individual citizens to have the choice to pick which financial products are appropriate for them based on their risk tolerance. I am more than capable of understanding these products without having to take a special and depend heavily on them for my investments.