We live in very uncertain and volatile economic times. Leveraged ETF's give many people the ability to better their financial lives with some knowledge and skill as we steer through these incredibly volatile times. This can level the playing field and help to better individuals and family's financial wellbeing. Existing laws are already in place to protect people with the use of financial disclosures and notices by the attempt to inform people of the risks involved. There is no need to go beyond these regulations and limit everyone's freedom because some people don't know what they're doing. Investing is a risk we all take if we desire a brighter future and it's the individual's responsibility to understand what they're doing, not the government's responsibility.
Daniel Craigie Comment On Regulatory Notice 22-08
We live in very uncertain and volatile economic times. Leveraged ETF's give many people the ability to better their financial lives with some knowledge and skill as we steer through these incredibly volatile times. This can level the playing field and help to better individuals and family's financial wellbeing. Existing laws are already in place to protect people with the use of financial disclosures and notices by the attempt to inform people of the risks involved. There is no need to go beyond these regulations and limit everyone's freedom because some people don't know what they're doing. Investing is a risk we all take if we desire a brighter future and it's the individual's responsibility to understand what they're doing, not the government's responsibility.