Leveraged ETFs are an important part of my investing strategy. Of course, each individual needs to understand how these investment vehicles are designed and meant to perform, the pros and cons for them in an investment strategy, and most importantly, the risks.
But just like we don't ban automobiles because they are dangerous, but instead install seatbelts and require a license to drive, a blanket banning of leveraged ETFs for the individual retail investor would be akin to taking away one's vehicle. Don't do that!
Scott Kuehn Comment On Regulatory Notice 22-08
Leveraged ETFs are an important part of my investing strategy. Of course, each individual needs to understand how these investment vehicles are designed and meant to perform, the pros and cons for them in an investment strategy, and most importantly, the risks.
But just like we don't ban automobiles because they are dangerous, but instead install seatbelts and require a license to drive, a blanket banning of leveraged ETFs for the individual retail investor would be akin to taking away one's vehicle. Don't do that!