Charles Royce Comment On Regulatory Notice 22-08
This is not the first time that regulators have attempted to regulate Leveraged ETFs.
For some reason, we only see these actions at times when the markets have increased volitility. When times are good and the leveraged long ETFs are soaring, there is no scrutiny. Only when the leveraged short ETFs can provide value to investors do we see the risk of regulation or curtailing.