Dear FINRA
Do not take away our ability to invest/trade leveraged and inverse ETFs. I understand the risk and I use it for hedging. Also remember, long term returns of DIA:TNA, SPY:UPRO, QQQ:TQQQ are approximately 1:3 as expected.
At least do not take away the rights to trade these. Broad Index based leveraged and inverse ETFs in due course are not risky. Please look at the data.
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Arati Rahalkar Comment On Regulatory Notice 22-08
Dear FINRA
Do not take away our ability to invest/trade leveraged and inverse ETFs. I understand the risk and I use it for hedging. Also remember, long term returns of DIA:TNA, SPY:UPRO, QQQ:TQQQ are approximately 1:3 as expected.
At least do not take away the rights to trade these. Broad Index based leveraged and inverse ETFs in due course are not risky. Please look at the data.