Peter Pham Comment On Regulatory Notice 22-08
To Reader, As a retail investor that actively manages their own portfolio: - I use leveraged ETF's to hedge against and gain exposure to volatility in the markets as a way of running a long/short portfolio. - I understand that these products are not meant as long-term holding devices and are to be strategically applied depending on market conditions. - Limiting my ability to use these ETFs would restrict my abilities for hedging/leverage to just options which are a worse way for a retail trader to hedge/gain exposure compared to using these products.