February 21, 2020
As an individual investor, I strongly oppose any SEC rulings which would prevent or heavily discourage individual investors from trading leveraged ETFs. I can attest that across three different securities trading brokerages, my trading privileges granting leveraged ETF access was only granted after thorough scrutiny of my trading history and demonstrated ability to handle leveraged trading and margin access. Because brokerages already protect their traders through granting qualified tier-level trading privileges, SEC rulings restricting leveraged ETFs would create undue burden on the individual investor.