I want to express my comment that ProShares are an essential method for me to reduce exposure to down side risk and would force me use more time consuming and risker methods to accomplish similar results. Without proshares, I would be forced to use more options instead of an ETF. The management cost is more than worth it for the use of an ETF.
Michael Mincy Comment On Regulatory Notice 22-08
I want to express my comment that ProShares are an essential method for me to reduce exposure to down side risk and would force me use more time consuming and risker methods to accomplish similar results. Without proshares, I would be forced to use more options instead of an ETF. The management cost is more than worth it for the use of an ETF.