Steven Penner Comment On Regulatory Notice 22-08
As an individual investor, I should be free to choose which types of risks and investment strategies I want to use. While leveraged ETFs are more risky than some other types of investments, the same is true of regular equities compared to bonds, and options compared to equities, as commodities compared to precious metals compared to crypto currencies, and as a savings account compared to collectibles.
Everyone has their own strategy, knowledge, and risk tolerance that is unique to their own situation. Let people decide for themselves how they want to proceed.