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
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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