Pro shares already comes with several warnings as you buy the shares. If you introduce these kind of crazy measures, no one will buy in and it could likely devastate the etf. I for one, would lose all the money that its already down, and it is only because I believe that the market will go back up as it always does eventually, that Ive stayed in this longbut if you mess with this etf now, while
I am opposed to any restrictions on my choices to and/or how I invest my hard earned income.
There must be freedom for all people to invest in any investment vehicle.
I believe the current requirements for self-directed investors are sufficient and there should not be more restriction on people to invest their money. I strongly oppose the limitations on my ability to buy the funds.
Please see below for comments in response to Regulatory Notice 22-08. Thank you for the opportunity to provide feedback. Definition of complex should be objective- if use of derivatives is a criterion it should be applied to all funds that do so. This suggests that more useful criteria would focus on factors like maximum risk of loss, risk of the fund not being able to meet its stated objectives
Let investors decide what is right for themselves - not regulators!
I have used this product both as an advisor and now as a retired advisor, but now as a regular investor.
The availability of easy products like the inverse ETF is simple to use and should not be as restrictive as it currently is.
I find it odd, that now that the bull market is struggling, here comes the big brother regulators taking away the protection investors need.
You should NOT make this
I oppose restrictions on my account to my right to invest in leveraged investments. They are important to my trading strategy.
I oppose any limitations on my ability to buy Funds from ProShares.
This is a very unfair law. It should not be pass. This is typical of tyrannic totalitarian governments that restrict regular citizens and prevent them from reaching prosperity.
Proshare need freedom let us invest