Pro shares leverage has made me tons of profit and I use it to hedge risk. Do not limit my ability to hedge risk while you guys in the government increase the debt, destroy the dollar, and destroy the economy because you guys werent prepared for Covid. To cover up your mistakes you too leveraged and hedged risk to save the economy but it is us the tax payers that have to pay for your screwups. If I have to pay for it with higher taxes which was already proposed on capital gains tax thats fine but do not limit or destroy my ability to make profits so that I can actually pay you those same taxes.
Afaq Shah Comment On Regulatory Notice 22-08
Pro shares leverage has made me tons of profit and I use it to hedge risk. Do not limit my ability to hedge risk while you guys in the government increase the debt, destroy the dollar, and destroy the economy because you guys werent prepared for Covid. To cover up your mistakes you too leveraged and hedged risk to save the economy but it is us the tax payers that have to pay for your screwups. If I have to pay for it with higher taxes which was already proposed on capital gains tax thats fine but do not limit or destroy my ability to make profits so that I can actually pay you those same taxes.