Taking away the use of leveraged and inverse Etfs or limiting their holding time is unfair to retail investors who rely on these products and approach them with due diligence. Leveraged Etfs are not inherently dangerous. Knives are sharp and hurt like [REDACTED] sometimes but we don't ban them from public use. Let the emphasis be on better education and disclosure, that makes sense. But the harm these products are capable of will never obscure the fact that there's an army of retail investors using these leveraged Etfs responsibly, everyday, with good success. They deserve the right to continue.
Anonymous Comment On Regulatory Notice 22-08
Taking away the use of leveraged and inverse Etfs or limiting their holding time is unfair to retail investors who rely on these products and approach them with due diligence. Leveraged Etfs are not inherently dangerous. Knives are sharp and hurt like [REDACTED] sometimes but we don't ban them from public use. Let the emphasis be on better education and disclosure, that makes sense. But the harm these products are capable of will never obscure the fact that there's an army of retail investors using these leveraged Etfs responsibly, everyday, with good success. They deserve the right to continue.