Leveraged ETF/ETN's are used as a short term balanced risk management strategy that should be available to all investors.
Primary uses are (1) offset a short term market index/asset class overbought/oversold condition without risking individual equity positions, (2) Reduce risk of owning an individual stock that could be subject to excessive price fluctuations, and (3) Balance a portfolio long/short.
These investments products should be available to all investors at all times.
Paul Koutrakis Comment On Regulatory Notice 22-08
Leveraged ETF/ETN's are used as a short term balanced risk management strategy that should be available to all investors.
Primary uses are (1) offset a short term market index/asset class overbought/oversold condition without risking individual equity positions, (2) Reduce risk of owning an individual stock that could be subject to excessive price fluctuations, and (3) Balance a portfolio long/short.
These investments products should be available to all investors at all times.