I use leveraged etfs as a part of an investment portfolio. These products are now a fundamental part of what I do in business and for personal investments. They provide a convenient means of achieving what would otherwise require the use of options or futures. Indeed, I have compared the performance of leveraged etfs and futures and found the etfs perform similarly enough that I continue to use them and benefit. Before restricting their availability or requiring qualifying tests, please consider the experiences and comments of those already using these products successfully and beneficially. Thank you for considering my comments. Eric Denton
Eric Denton Comment On Regulatory Notice 22-08
I use leveraged etfs as a part of an investment portfolio. These products are now a fundamental part of what I do in business and for personal investments. They provide a convenient means of achieving what would otherwise require the use of options or futures. Indeed, I have compared the performance of leveraged etfs and futures and found the etfs perform similarly enough that I continue to use them and benefit. Before restricting their availability or requiring qualifying tests, please consider the experiences and comments of those already using these products successfully and beneficially. Thank you for considering my comments. Eric Denton