Rhett Zimmer Comment On Regulatory Notice 22-08
It is my responsibility as an investor to understand the dangers of any investment I make, not limited to leveraged funds. In fact, Leveraged ETFs are much safer than certain other instruments such as options.
Leveraged ETFs provide a valuable addition to various portfolios for hedging and certain long term risk parity portfolios.
Do not restrict these to individuals with high networth individuals. Investors should be able to make their own decisions, with an understanding of the risks.