Peter Andrien Comment On Regulatory Notice 22-08
I believe that the complexity of Leveraged ETFs is correctly matched with the current required notice and acknowledgement. Further restrictions on these products are very likely to be unfair to everyday Americans. Retail investors can and should be able to choose the level of risk and volatility that matches their investment knowledge and interest without needing to be already experienced or wealthy.
Creating additional hoops to jump through is not the same thing as protecting investors.