I believe that each individual should take the time to understand and then accept the risks of the instruments they use to invest or they should not be using these instruments.
In my opinion, I support the right of individuals to use leveraged ETFs and other alternative financial instruments as a part of their investment strategy. I do not support the government limiting the individual's right to restrict the use of such instruments.
As an individual investor, I have been successful using leveraged ETFs since they provide some limited avoidance of the time components stock options contain.
Thomas Herdman Comment On Regulatory Notice 22-08
I believe that each individual should take the time to understand and then accept the risks of the instruments they use to invest or they should not be using these instruments.
In my opinion, I support the right of individuals to use leveraged ETFs and other alternative financial instruments as a part of their investment strategy. I do not support the government limiting the individual's right to restrict the use of such instruments.
As an individual investor, I have been successful using leveraged ETFs since they provide some limited avoidance of the time components stock options contain.