Your mission is to protect the investor from scams in the industry, not to influence their investment decisions either directly or indirectly in ANY WAY, no matter how well-intentioned it may appear. We 'retail investors' are perfectly capable of understanding the basics of how a leveraged ETF works and how much risk it carries. Any further regulation on them would severely affect the investment strategy that I've been using for years to hedge my positions with these so called "complex" products.
Joan Castro Comment On Regulatory Notice 22-08
Your mission is to protect the investor from scams in the industry, not to influence their investment decisions either directly or indirectly in ANY WAY, no matter how well-intentioned it may appear. We 'retail investors' are perfectly capable of understanding the basics of how a leveraged ETF works and how much risk it carries. Any further regulation on them would severely affect the investment strategy that I've been using for years to hedge my positions with these so called "complex" products.