Comments: More nanny state dumbing down of the general population. I'm fully aware of the nature and volatility of leveraged ETFs. That they are not typically a buy, hold, and forget about type of vehicle for most people. So what? Disclose that on the front end and let people elect the level of risk tolerance with which they are comfortable.
Frank Kelleher Comment On Regulatory Notice 22-08
Comments: More nanny state dumbing down of the general population. I'm fully aware of the nature and volatility of leveraged ETFs. That they are not typically a buy, hold, and forget about type of vehicle for most people. So what? Disclose that on the front end and let people elect the level of risk tolerance with which they are comfortable.