By threatening the existence of this type of ETF/ETN via limitations you will create more losers than the number of investors you could possibly help. That is not your purpose; find something actually causing a problem - both sides of any of these trades exist and there should be less limitations for this type of fund rather than forcing me to use my margin account and/or options to replicate the leverage
given the swaps used to create these leveraged ETF/ETNs aren't available to me as an individual investor. This investment vehicle leaves me with less risk than the alternatives, not more.
Peter Claussen Comment On Regulatory Notice 22-08
By threatening the existence of this type of ETF/ETN via limitations you will create more losers than the number of investors you could possibly help. That is not your purpose; find something actually causing a problem - both sides of any of these trades exist and there should be less limitations for this type of fund rather than forcing me to use my margin account and/or options to replicate the leverage
given the swaps used to create these leveraged ETF/ETNs aren't available to me as an individual investor. This investment vehicle leaves me with less risk than the alternatives, not more.