The ability to use leveraged ETF’s allows me to hedge my downside risk without having to open an options account. The decay on these products against the ability to gain access to leverage is relatively balanced. Don’t pull retails ability to hedge downside risk on the cheap; particularly with the Fed raising interest rates until something breaks to try to create some level of demand destruction to lower inflation. You would be doing the vast majority of people a disservice.
Sean Davis Comment On Regulatory Notice 22-08
The ability to use leveraged ETF’s allows me to hedge my downside risk without having to open an options account. The decay on these products against the ability to gain access to leverage is relatively balanced. Don’t pull retails ability to hedge downside risk on the cheap; particularly with the Fed raising interest rates until something breaks to try to create some level of demand destruction to lower inflation. You would be doing the vast majority of people a disservice.