Dogan Kahraman Comment On Regulatory Notice 22-08
Eliminating the leveraged ETFs from the choices of investment vehicles is the wrong decision. If the leveraged ETFs are volatile, how about the individual securities, mutual funds, and options. Every investment tools in the stock market involve some degree of volatility and risk, even crossing the street in daily life has some degree of risk. Are we going to eliminate options because they include a high risk? The SEC proposed regulation of removing the leveraged ETFs from small investors is a bad regulation. IT IS PULLING THE CARPET UNDER OUR FEET.