I put 30% in leveraged 3x etfs and then keep 70% in cash. this is an excellent way to not have all of my money exposed to the stock market. I am currently down 20% in those 3x etfs so i need the 3x etfs to exist so i can get back my losses, so you must not take away my opportunity to get back my losses. I use 3x etfs instead of options since options have time decay but 3x leveraged etfs don't have those issues. So please continue to let us use 3x leveraged etfs
Rob Digma Comment On Regulatory Notice 22-08
I put 30% in leveraged 3x etfs and then keep 70% in cash. this is an excellent way to not have all of my money exposed to the stock market. I am currently down 20% in those 3x etfs so i need the 3x etfs to exist so i can get back my losses, so you must not take away my opportunity to get back my losses. I use 3x etfs instead of options since options have time decay but 3x leveraged etfs don't have those issues. So please continue to let us use 3x leveraged etfs