Jay Aichelman Comment On Regulatory Notice 22-08
CommenPlease don't limit retail usage of Leveraged and Inverse ETFs. They're actually easier to use than options/derivatives, and are incredibly useful tools for any active trader. You should not be limiting the average American's ability to build wealth in any way, as long as it doesn't cause harm to anyone else. Both of the brokerages I use have warnings for Leveraged and Inverse ETFs, and they also ask you questions about your trading experience when you first sign up and limit your access to things like options/derivatives and margin until you take their survey and are approved.