Thank you for taking time to read my comment. My biggest concern with this is what's next? The volatility of these products can be large, but there are plenty of very high volume company stocks with even more volatility then these 3x ETFs.
Compare UPRO with GME, AMC, SNDL, even TSLA. I would be at a loss to understand why I would be limited to trade UPRO but still be able to AMC, GME and plenty of other well known stocks.
Thank you for your time. If any action is taken I would hope it would be something like a required online course or another waiver the broker can have the investor sign. But, to say I am not able to invest in these products for my own good is ridiculous.
Ethan Roelle Comment On Regulatory Notice 22-08
Thank you for taking time to read my comment. My biggest concern with this is what's next? The volatility of these products can be large, but there are plenty of very high volume company stocks with even more volatility then these 3x ETFs.
Compare UPRO with GME, AMC, SNDL, even TSLA. I would be at a loss to understand why I would be limited to trade UPRO but still be able to AMC, GME and plenty of other well known stocks.
Thank you for your time. If any action is taken I would hope it would be something like a required online course or another waiver the broker can have the investor sign. But, to say I am not able to invest in these products for my own good is ridiculous.
Thank you