I am vehemently opposed to any changes regarding leveraged ETFs. We should be able to make our own decisions with our own money. I use small amounts of leverage within my own risk profile. I fully understand the risks, and I've both hedged against them, and will not be wiped out if my leveraged investments go to zero. Removing this ability would greatly harm informed users.
Leverage is an integral part of my investment strategy, and removing the ability to trade with it will harm regular investors such as myself. Please reconsider this change.
James Howard Comment On Regulatory Notice 22-08
I am vehemently opposed to any changes regarding leveraged ETFs. We should be able to make our own decisions with our own money. I use small amounts of leverage within my own risk profile. I fully understand the risks, and I've both hedged against them, and will not be wiped out if my leveraged investments go to zero. Removing this ability would greatly harm informed users.
Leverage is an integral part of my investment strategy, and removing the ability to trade with it will harm regular investors such as myself. Please reconsider this change.