Please do not limit my ability to trade leveraged ETFs. I have made money on these trading tools in the past and if I cannot use them in the future I will not be severely limited in my time horizons for growing my investments. If you want to regulate these trading tools I would advise the regulators to require an online training certificate for new traders of these ETFs. Then the traders can't go back and complain when they lose their money.
Erik Anderson Comment On Regulatory Notice 22-08
Please do not limit my ability to trade leveraged ETFs. I have made money on these trading tools in the past and if I cannot use them in the future I will not be severely limited in my time horizons for growing my investments. If you want to regulate these trading tools I would advise the regulators to require an online training certificate for new traders of these ETFs. Then the traders can't go back and complain when they lose their money.