Gregory Ruttan Comment On Regulatory Notice 22-08
I would urge you not to place any new restrictions on leveraged ETF products. I am a retail investor and am interested in investing in these products for a small part of my portfolio as part of a high risk / high reward investment. Leveraged strategies have been used by large institutional and high net worth investors for some time and leveraged ETFs democratize access to them. It isn't fair to restrict access to leveraged ETFs while continuing to allow institutions or large individual investors to invest with leverage using other methods.