I invested in leverage ETFs for almost 4 years. I would not be able to reach my retirement goals without these products. I have already met all your proposed safeguards through Fidelitys control process, with the exception of a written test. Please have your legal team spend their time on more important issues. Your proposal is mostly redundant and an interference with innovation.
John Carson Comment On Regulatory Notice 22-08
I invested in leverage ETFs for almost 4 years. I would not be able to reach my retirement goals without these products. I have already met all your proposed safeguards through Fidelitys control process, with the exception of a written test. Please have your legal team spend their time on more important issues. Your proposal is mostly redundant and an interference with innovation.