I can understand looking at the leveraged ETFs, because they can be dangerous, although for me hedging my portfolio with the inverse leveraged ETFs is inexpensive and effective, and I don't need to buy puts. But the inverse (non-leveraged) ETFs are crucial for hedging. I can't understand why you would take those instruments away from investors.
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Spencer Levy Comment On Regulatory Notice 22-08
I can understand looking at the leveraged ETFs, because they can be dangerous, although for me hedging my portfolio with the inverse leveraged ETFs is inexpensive and effective, and I don't need to buy puts. But the inverse (non-leveraged) ETFs are crucial for hedging. I can't understand why you would take those instruments away from investors.