Banning leveraged ETFs only closes off another avenue of options for the retail investor while making them available to institutional investors only. Retail investors also need access to affordable leverage which is what leveraged ETFs provide. A standard unlevered portfolio is no longer sufficient in todays world for retirement.
Geoffrey Ong Comment On Regulatory Notice 22-08
Banning leveraged ETFs only closes off another avenue of options for the retail investor while making them available to institutional investors only. Retail investors also need access to affordable leverage which is what leveraged ETFs provide. A standard unlevered portfolio is no longer sufficient in todays world for retirement.