Donald Ware Comment On Regulatory Notice 22-08
I have been informed that you intend on restricting, impairing or preventing my ability to purchase and sell proshares inverse ETF funds such as QID. I am currently using them as a hedge against adverse market conditions. As, regulators I do not believe you should restrict my rights to invest or hedge my current portfolio. If you do so, you will financially damage my assets in a down market. Leveraged and inverse funds are an important component to my strategies to make money and prevent loss.