There are many ways to design a portfolio as one tries to balance growth and risk. One method is to create a low volatility portfolio and use leverage to achieve the desired growth rate. There are many ways to achieve leverage in a portfolio such as margin, options, and futures. Leveraged ETF's provide another mechanism to leverage a portfolio that is much simpler and potentially cheaper than these other methods. Please preserve my ability to use these leveraged ETF's in my portfolio.
Todd Hadrman Comment On Regulatory Notice 22-08
There are many ways to design a portfolio as one tries to balance growth and risk. One method is to create a low volatility portfolio and use leverage to achieve the desired growth rate. There are many ways to achieve leverage in a portfolio such as margin, options, and futures. Leveraged ETF's provide another mechanism to leverage a portfolio that is much simpler and potentially cheaper than these other methods. Please preserve my ability to use these leveraged ETF's in my portfolio.