Jonathan Berger Comment On Regulatory Notice 22-08
I am an individual investor that holds shares of ticker TQQQ and ticker UPRO. I am fully aware of the risks of these 3x leveraged funds, particularly the risk of how 3x daily negative returns can compound during bear markets and lead to quick losses when holding these funds. I am also fully aware of what a powerful tool these ETFs are in building wealth when used correctly as a part of a greater portfolio strategy. No restrictions should be put on trading these types of leveraged index funds just because of how powerful they are.