Hi - I think the new regulations you propose around leveraged ETFs are misguided and I'm hoping you reconsider. I love these ETFs and they work exactly as advertised, and I take responsibility for any losses I incur. Options are way more leveraged than these 3x ETFs and the rules you propose to put in place are way more onerous than the existing rules brokers have for options. I simply need to click through a disclosure agreement and that's it. This is America and people should be allowed to control their own financial destinies and make their own financial decisions.
Mohan Embar Comment On Regulatory Notice 22-08
Hi - I think the new regulations you propose around leveraged ETFs are misguided and I'm hoping you reconsider. I love these ETFs and they work exactly as advertised, and I take responsibility for any losses I incur. Options are way more leveraged than these 3x ETFs and the rules you propose to put in place are way more onerous than the existing rules brokers have for options. I simply need to click through a disclosure agreement and that's it. This is America and people should be allowed to control their own financial destinies and make their own financial decisions.