Please leave it up to us individuals to decide which investments we choose. Having the option and ability to choose leveraged ETFs has been immensely helpful to me. For example, during this month of April while stocks / markets have generally been in a noticeable decline, I've been able to protect my portfolio investing in leveraged inverse ETFs that has resulted in my portfolio having a double-digit percent GAIN. I do a lot of research online comparing various investments (stocks, ETFs) and I've proven myself perfectly capable of making investment choices. Arguably, there are individual stocks that are WAY more risky than leveraged ETFs, yet I don't hear about potential regulations of those. Each person is responsible for their financial destiny -- please do not impede my ability to make the best investment choices for myself. Thank you.
Sam Picoult Comment On Regulatory Notice 22-08
Please leave it up to us individuals to decide which investments we choose. Having the option and ability to choose leveraged ETFs has been immensely helpful to me. For example, during this month of April while stocks / markets have generally been in a noticeable decline, I've been able to protect my portfolio investing in leveraged inverse ETFs that has resulted in my portfolio having a double-digit percent GAIN. I do a lot of research online comparing various investments (stocks, ETFs) and I've proven myself perfectly capable of making investment choices. Arguably, there are individual stocks that are WAY more risky than leveraged ETFs, yet I don't hear about potential regulations of those. Each person is responsible for their financial destiny -- please do not impede my ability to make the best investment choices for myself. Thank you.