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Daniel Sudzilouski Comment On Regulatory Notice 22-08

Leveraged ETFs currently provide some of the cheapest forms of leverage available to retail investors at a cost of less than 100 basis points above the daily fund rate. Furthermore, they provide inherent tax advantages in rebalancing when compared to alternative leverage methods such as opening box spreads, obtaining effective leverage through options chains, or managing futures contracts.

Jimmy Sauz Comment On Regulatory Notice 22-08

Financial Industry Regulatory Authority (FINRA) is currently considering regulation, which will restrict our rights to buy leveraged and inverse funds and dozens of other popular investments deemed to be complex. I wholeheartedly disapprove this type of regulation, as it could adversely affect market sentiment by only allowing a select few to take advantage of these leveraged and inverse funds.