I've been investing in leveraged ProFunds for more than 20 years and am extremely happy with my investments. I'm more dismayed by the fact that some brokers do not have an agreement to purchase many of the ProFunds which forces me to transfer assets to another broker in order to purchase said funds. Kindly leave my ability to invest as I like and stay out regulating leveraged/inverse funds based on meaningless criteria.
Bill Luebkert Comment On Regulatory Notice 22-08
I've been investing in leveraged ProFunds for more than 20 years and am extremely happy with my investments. I'm more dismayed by the fact that some brokers do not have an agreement to purchase many of the ProFunds which forces me to transfer assets to another broker in order to purchase said funds. Kindly leave my ability to invest as I like and stay out regulating leveraged/inverse funds based on meaningless criteria.