Dear FINRA Regulators, Trading leveraged and inverse ETFs is far less risky than trading options, which only require a special signature with your broker. So why over-regulate these valuable products? There is a large market for these leveraged ETFs, and their accessibility is precisely what makes them more desirable than options. An investor will not trade leveraged ETFs if he is not comfortable with them, but so many of us are comfortable with them, and are ready to trade them, with full knowledge of how they move. Do not over-regulate them, but rather, keep them available and accessible for those who know what they are doing. Thank you.
Robert Buck Comment On Regulatory Notice 22-08
Dear FINRA Regulators, Trading leveraged and inverse ETFs is far less risky than trading options, which only require a special signature with your broker. So why over-regulate these valuable products? There is a large market for these leveraged ETFs, and their accessibility is precisely what makes them more desirable than options. An investor will not trade leveraged ETFs if he is not comfortable with them, but so many of us are comfortable with them, and are ready to trade them, with full knowledge of how they move. Do not over-regulate them, but rather, keep them available and accessible for those who know what they are doing. Thank you.