I should be free to make my own decisions to invest in leveraged and inverse ETFs, which I have used to advantage in various market conditions for many years. I don't need someone else deciding if I have the knowledge and expertise to use these investment products. In my 60 plus years of investing, the choices I make regarding what to buy has made me wealthier than most of the regulators who now want to limit my choices
David Clair Comment On Regulatory Notice 22-08
I should be free to make my own decisions to invest in leveraged and inverse ETFs, which I have used to advantage in various market conditions for many years. I don't need someone else deciding if I have the knowledge and expertise to use these investment products. In my 60 plus years of investing, the choices I make regarding what to buy has made me wealthier than most of the regulators who now want to limit my choices