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.
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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.