I oppose restrictions to investing in leveraged ETF's for individual investors. WE all get the information regarding risks to investing in these funds and as such should be permitted to buy, sell and hold these as we see fit based on our personal financial goals and needs. It is not democratically fair to restrict these funds to large investment firms, which would force individual investors to either restrict investment choices that thereby limit returns or to be forced to use large institutional investment firms that extract fees which will also reduce individual investor returns in a coercive manner if individual investors are not permitted to access these type investments on their own.
Frank Blazek Comment On Regulatory Notice 22-08
I oppose restrictions to investing in leveraged ETF's for individual investors. WE all get the information regarding risks to investing in these funds and as such should be permitted to buy, sell and hold these as we see fit based on our personal financial goals and needs. It is not democratically fair to restrict these funds to large investment firms, which would force individual investors to either restrict investment choices that thereby limit returns or to be forced to use large institutional investment firms that extract fees which will also reduce individual investor returns in a coercive manner if individual investors are not permitted to access these type investments on their own.