Leveraged long and inverse ETFs are a material component in my trading strategies. They are a proven alternative to options, which so often expire worthless. Please do not impose any burdens on our ability to continue trading these securities. The brokerage warnings are more than sufficient to ward off investors that don't understand or appreciate contango/backwardness, leverage risk, etc.
Peter Knapp Comment On Regulatory Notice 22-08
Leveraged long and inverse ETFs are a material component in my trading strategies. They are a proven alternative to options, which so often expire worthless. Please do not impose any burdens on our ability to continue trading these securities. The brokerage warnings are more than sufficient to ward off investors that don't understand or appreciate contango/backwardness, leverage risk, etc.