ProShares is same as all other investment such as equities, options, futures, and Forex. They has it's own risk and reward. Restrictions on one asset is not fair. Investors should have the right and freedom to pick their investment; and should not have to go through any special process of test. I am strongly object.
Don't limit leveraged ETFs. There is too much inequality as there is already.
Public investment should be open to all of the public, not just the privileged as a protection of fairness.
I , not regulators should be able to choose investments that make sense for my situation such as leveraged and inverse funds.
These funds are important to me to hedge my investment portfolio.
FINRA is concerned about the little investor using leveraged ETFs? This is not about protecting the little investors. It's about what some large investment firms want. This is the second assault on these investment products. Back in December of 2015 the SEC Chair Mary Jo White tried to rein in leveraged index funds. It's funny the concern over the individual investors when back in 1999
I have been a long investor in leveraged etf for 3+ years. I dont want to be required to pass tests to continue investing in it. And if people put money into it they should be prepared to lose it whether its leveraged etf or stock as I have.
I have been investing in a Leveraged ETF since 2009 with good results and do not need regulators to restrict my ability to continue investing in this or any other ETF. I will assess the risk and do not need some regulator with little or no investment experience to limit my investment choices.
My first impression of this proposal is that it is a reaction to activities of individuals during the recent pandemic. Those who followed Wall Street Bets chasing meme stocks succumbed to, as Glenn Frey wrote in Smugglers Blues, "The lure of easy money is a very strong disease." As such the cure for such affliction would be better found with "Gamblers Anonymous"
The ability for the general public to invest in various types of financial instruments and vehicles should not be restricted, and doing so would be anti-American in spirit. Let us consider and example of why this the case: the internet has helped promote the democratization of information and provided an incredibly valuable resource for individuals to learn, communicate, share ideas, create art,
Please don't make decisions that limit what I can invest my money in.
