Richard Riffe Comment On Regulatory Notice 22-08
Leveraged/Inverse Products ... like other investment products, leveraged and inverse funds or ETFs have a useful purpose for those who have some understanding of the terms "leveraged" and "inverse"...
All a person has to do to understand what "leveraged" or "inverse" means is some MINIMAL research on their broker's website or the AAII website or any of dozens of other investment/financial websites readily available.