There are already several restrictions in place that make the public markets unfair towards those who are not institutional or professional traders as is demonstrated by the GME debacle. The risks of leveraged products are well advertised and there should not be government restrictions on those who choose to take those risks. Leveraged investments vehicles as those from ProShare/Direxion provide a cheap way for the home investor to include some leverage in their portfolio and even the playing field with large institutions who have cheap access to leverage the small investor does not.
Kedar Kulkarni Comment On Regulatory Notice 22-08
There are already several restrictions in place that make the public markets unfair towards those who are not institutional or professional traders as is demonstrated by the GME debacle. The risks of leveraged products are well advertised and there should not be government restrictions on those who choose to take those risks. Leveraged investments vehicles as those from ProShare/Direxion provide a cheap way for the home investor to include some leverage in their portfolio and even the playing field with large institutions who have cheap access to leverage the small investor does not.