LEVERAGED ETFs AND INVERSE FUNDS ARE ONE OF THE FEW WAYS AN INDIVIDUAL INVESTOR CAN OUTPERFORM THE MARKET (WITH RISKS TAKEN INTO CONSIDERATION. SOME HAVE BEEN AVAILABLE FOR A DECADE OR SO. YOU ALLOW INDIVESTOR TO USE LEVERAGED INVESTMENTS WITH OPTIONS USING "PUTS" AND "CALL" OPTIONS. THIS HAS BEEN GOING ON FOR DECADES. WHYNOT TRY TO RESTRICT THEM? AND WHY NOW??
Steve Whittier Comment On Regulatory Notice 22-08
LEVERAGED ETFs AND INVERSE FUNDS ARE ONE OF THE FEW WAYS AN INDIVIDUAL INVESTOR CAN OUTPERFORM THE MARKET (WITH RISKS TAKEN INTO CONSIDERATION. SOME HAVE BEEN AVAILABLE FOR A DECADE OR SO. YOU ALLOW INDIVESTOR TO USE LEVERAGED INVESTMENTS WITH OPTIONS USING "PUTS" AND "CALL" OPTIONS. THIS HAS BEEN GOING ON FOR DECADES. WHYNOT TRY TO RESTRICT THEM? AND WHY NOW??