Bill Woodbridge Comment On Regulatory Notice 22-08
Bill Woodbridge
N/A
For 10 years, I have held ProShares Ultra-pro short and Pro-short Funds. If you disallow investors from buying these funds, the value of these funds will evaporate since very few will be buying them. So I won't be able to sell them. I will lose everything. I appreciate your intentions and agree with them to some extent, but a sudden drastic refusal to let them be traded will severly damage all of us who already own and need to sell them to someone else.
Bill Woodbridge Comment On Regulatory Notice 22-08
For 10 years, I have held ProShares Ultra-pro short and Pro-short Funds. If you disallow investors from buying these funds, the value of these funds will evaporate since very few will be buying them. So I won't be able to sell them. I will lose everything. I appreciate your intentions and agree with them to some extent, but a sudden drastic refusal to let them be traded will severly damage all of us who already own and need to sell them to someone else.