I have been trading leveraged ETFs both long and inverse since 2008. I also read prospectus, SEC filings, etc, and understand the risks involved. I have not had any major losses due to leveraged ETFs, inverse or otherwise and pay close attention to any warnings my brokers provide on a regular basis about the risks involved.
The changes you are proposing are unfounded and are attempting to fix a problem that does not exist. Furthermore these proposed changes are tantamount to economic class warfare.
Payson Welch Comment On Regulatory Notice 22-08
I have been trading leveraged ETFs both long and inverse since 2008. I also read prospectus, SEC filings, etc, and understand the risks involved. I have not had any major losses due to leveraged ETFs, inverse or otherwise and pay close attention to any warnings my brokers provide on a regular basis about the risks involved.
The changes you are proposing are unfounded and are attempting to fix a problem that does not exist. Furthermore these proposed changes are tantamount to economic class warfare.
Do not implement these changes.