I have invested in leveraged and inverse ETF products for several years. The ETF providers and the brokerage companies I have used have always provided full easy to understand information on these funds. I am capable of understanding leveraged and inverse funds and their risks. I do not want regulators to impose any measures to prevent me from buying and selling them or to cause me to have to jump through hoops in order to make these trades. Restrictions like this would harm small individual investors like me while giving the advantage of using these funds to the rich and privileged.
Robert Roop Comment On Regulatory Notice 22-08
I have invested in leveraged and inverse ETF products for several years. The ETF providers and the brokerage companies I have used have always provided full easy to understand information on these funds. I am capable of understanding leveraged and inverse funds and their risks. I do not want regulators to impose any measures to prevent me from buying and selling them or to cause me to have to jump through hoops in order to make these trades. Restrictions like this would harm small individual investors like me while giving the advantage of using these funds to the rich and privileged.