I strongly disagree with the addition of any new oversight related to leveraged and particularly inverse etf's. I use them to hedge/protect my family's assets particularly in periods of heightened volatility, which is becoming increasingly frequent as the machines/algorithms have taken over trading (an area that regulators don't appear to be overly concerned with). Regulators should not assume that they know what's better for investors than the investors themselves when it comes to limiting their investment options or trading frequency. Retail investors are already at a competitive disadvantage from excessive regulation relative to some of the large institutions/hedge funds that are moving the markets. Please refocus your efforts toward the competitive advantages of algos and on high frequency trading.
Keith Jaworski Comment On Regulatory Notice 22-08
I strongly disagree with the addition of any new oversight related to leveraged and particularly inverse etf's. I use them to hedge/protect my family's assets particularly in periods of heightened volatility, which is becoming increasingly frequent as the machines/algorithms have taken over trading (an area that regulators don't appear to be overly concerned with). Regulators should not assume that they know what's better for investors than the investors themselves when it comes to limiting their investment options or trading frequency. Retail investors are already at a competitive disadvantage from excessive regulation relative to some of the large institutions/hedge funds that are moving the markets. Please refocus your efforts toward the competitive advantages of algos and on high frequency trading.