I am adamantly against the regulations imposed re: 22-08.
"The availability of complex products and options can potentially expand the investment opportunities for retail investors and, if properly understood, offer favorable investment outcomes (e.g., enhancing returns, limiting losses or improving diversification)."
Why is there any desire to take such an offering away, or
I oppose restrictions to my right to invest, including my right to invest on leveraged and inverse funds. I should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like
I have invested in various ProShares stocks for more than 7 years. I fully understand the risks. Currently, my investments in ProShares products are a small percentage of my overall investments. I would like to continue to invest in ProShares products.
I do not need the restrictions that would be imposed by Notice #22-08.
I am fully capable of understanding the risks in acquiring inverse and leveraged funds.
By limiting access to these funds you are favoring the privileged who have a high net worth, and excluding investors that don't meet some arbitrary net worth.
I am a smaller investor and have utilized inverse funds several times
