Madam/Sir: I have been investing and trading in securities for decades. The 2 and 3 times leveraged ETFs have been one of the most innovative and practical financial tools for my portfolio management. Leveraged ETFs are my main tool to hedge my portfolio volatility without liquidating my stocks and attempting to rebuy them later. No further regulation is necessary. There are countless ways to lose money in the markets. These ETFs have saved me thousands of dollars through hedging. Please leave them alone.
Paul Mahler Comment On Regulatory Notice 22-08
Madam/Sir: I have been investing and trading in securities for decades. The 2 and 3 times leveraged ETFs have been one of the most innovative and practical financial tools for my portfolio management. Leveraged ETFs are my main tool to hedge my portfolio volatility without liquidating my stocks and attempting to rebuy them later. No further regulation is necessary. There are countless ways to lose money in the markets. These ETFs have saved me thousands of dollars through hedging. Please leave them alone.