Margin rules on leveraged ETFs apply only when buying on margin?

[crgarcia]

Margin rules on leveraged ETFs apply only when buying on margin?
To further increase leverage?

This doesn't apply if you buy them cash?

 

[rock34748]

Quote from crgarcia:

Margin rules on leveraged ETFs apply only when buying on margin?
To further increase leverage?

This doesn't apply if you buy them cash?

Correct. I trade my IRA account, no leverage allowed, cash only. I "spend" full $2,000 buying $2,000 worth of stock or ETF. No leverage allowed before, no leverage rules apply. I win/earn what I earn and I lose what I lose, period. Not too difficult.