Leveraged and Unleveraged etf have been used to hedge against the downward market trend for a while not only by sophisticated user but the likes of people who actively manage there brokerage account. Taking it away would not only provide less tools for a retail investor like me but also only benefit only the rich who qualify as accredited investors. There are simply not many options for retail investors to obtain hedges without investing too much money.
Rohit Irpenwar Comment On Regulatory Notice 22-08
Leveraged and Unleveraged etf have been used to hedge against the downward market trend for a while not only by sophisticated user but the likes of people who actively manage there brokerage account. Taking it away would not only provide less tools for a retail investor like me but also only benefit only the rich who qualify as accredited investors. There are simply not many options for retail investors to obtain hedges without investing too much money.