Seth Gordon Comment On Regulatory Notice 22-08
Investors should be free to select which investments they feel are reflective of their risk level. It is asinine that the talk of banning leveraged ETFs is circulating when 18 year olds can place 100% of their money into a meme stock and then still access margin to double down on their stupidity, which is objectively more risky than a properly balanced, risk adjusted, leveled ETF portfolio. We need less regulation in this space. Should information be avaliable? Yes! It already is via fund documents. Should levered ETFs be banned? Absolutely not.