Dear FINRA rep,
Its about time that someone is finally addressing these horrible leveraged and inverse funds that ProShares offers to the public!
I have personally lost over $100,000 over the last 10 years. And I still have one that is down $85,000 in my stock account but just have not yet taken the losses yet. Every 2x or 3x fund eventually goes to zero and companies such as ProShares just does a reverse split to keep the con going. Please review and try to notify anyone from trying to think they are an investment. They are not! Lets get them off the market ASAP!
Gary Barnard Comment On Regulatory Notice 22-08
Dear FINRA rep,
Its about time that someone is finally addressing these horrible leveraged and inverse funds that ProShares offers to the public!
I have personally lost over $100,000 over the last 10 years. And I still have one that is down $85,000 in my stock account but just have not yet taken the losses yet. Every 2x or 3x fund eventually goes to zero and companies such as ProShares just does a reverse split to keep the con going. Please review and try to notify anyone from trying to think they are an investment. They are not! Lets get them off the market ASAP!