March 13, 2020
Please DO NOT put new regulations on leveraged or inverse ETFs. Especially in a down market like we have now, SQQQ has been a blessing in serving as a hedge against losses in my account. I do not want to short stocks, nor buy options. But buying an inverse, and a leveraged one at that where I can get 3x protection vs cost, is simple and beneficial for me.
And when the market starts to recover, I plan to buy TQQQ. My money, my right to do so. If you impose regulations, it will be harder for me to sell those when the time comes.