If I want to short a stock, or use a regular or inverse ETF, that is my choice. Americans are supposed to be equal, and have to the same opportunities that the more wealthy have. A lot of leveraged funds provide tremendous opportunities for the active investor, and do exactly what they're meant to do. I don't need to attend university or work for Goldman Sachs to have access to use any fund. The majority of investors who buy leveraged funds know exactly what they're doing
Elliot Cohen Comment On Regulatory Notice 22-08
If I want to short a stock, or use a regular or inverse ETF, that is my choice. Americans are supposed to be equal, and have to the same opportunities that the more wealthy have. A lot of leveraged funds provide tremendous opportunities for the active investor, and do exactly what they're meant to do. I don't need to attend university or work for Goldman Sachs to have access to use any fund. The majority of investors who buy leveraged funds know exactly what they're doing