If retail investors are not allowed to buy leveraged ETF's, then the same should apply to institutional investors. The playing field is so distorted to favor wall street firms, bankers, and institutional investors, that it is a gamling casino not an Investment arena, and the problems caused by institutional investors have wreaked generational problems on the American economy, at the unfair and political advantage to the very criminal risk takers that defraud investors, get bailouts and manipulate markets, all of which is public information and easily observed.
Kenneth Loebel Comment On Regulatory Notice 22-08
If retail investors are not allowed to buy leveraged ETF's, then the same should apply to institutional investors. The playing field is so distorted to favor wall street firms, bankers, and institutional investors, that it is a gamling casino not an Investment arena, and the problems caused by institutional investors have wreaked generational problems on the American economy, at the unfair and political advantage to the very criminal risk takers that defraud investors, get bailouts and manipulate markets, all of which is public information and easily observed.