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Jerrold Crawford Comment On Regulatory Notice 22-08

Jerrold Crawford
N/A

Comments: Please do not restrict my access or use of leveraged ETFs. During the 2 years of the pandemic when no one in the family had work, trading leveraged ETFs constituted the main source of income to sustain the family. They may be 'complex products' but the ETF company manages the products, not the investor. As long as the risks are understood and investments are closely monitored the complexity of the instruments are someone else's responsibility. During my 15 years of usage of leveraged ETF instruments there has never been the slightest whiff of misfeasance or malfeasance. Please, hands off.