Hello. Although I do believe that certain investments are not for everybody, restricting publicly traded investments is not the right path. Fidelity Investments has a Designated Investor Agreement to have on record that I understand the risks associated with more complex etfs and investments. I feel that is enough of a warning, but please do not restrict me from using these for my personal investing.
(Specifically leveraged etfs)
Richard Larsen Comment On Regulatory Notice 22-08
Hello. Although I do believe that certain investments are not for everybody, restricting publicly traded investments is not the right path. Fidelity Investments has a Designated Investor Agreement to have on record that I understand the risks associated with more complex etfs and investments. I feel that is enough of a warning, but please do not restrict me from using these for my personal investing.
(Specifically leveraged etfs)