Forcing leveraged funds to only have a 1 day holding period is only hurting retail traders and is very indicative of the biased stance that the SEC chair is taking towards the average joe investor. Gimping and neutering many valid strategies around leveraged funds only benefit financial advisors and investment firms at the expense of the retail investor.

Hello, LETF leveled the playing field and I can manage my own investment. I understand the risks and do not need FINRA to protect me from complex instruments. Whoever is supporting more regulations are people who have financial motive to "educate" and "help" retail investors for a fee of course.

Leveraged ETFs serve a useful function for retail investors. For many like myself a leveraged Etf with proper hedging is the sole path to retirement.

I appreciate the need to protect retail investors from making decisions when they do not fully understand the risks or other features of the products. It is reasonable to require the broker to take steps to educate retail investors and conduct some sort of test to make sure that they understand what they are getting into. But insurmountable obstacles should not be thrown in the path of retail investors who are willing to put in the effort to understand what they are doing.