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Maxwell Ma Comment On Regulatory Notice 22-08

ProShares offer a choice to investors. Disclosure of risks associated with ProShare's ETFs are well documented. Communication is regularly provided and easily reviewed by the public at large. Introducing illiquidity to the marketplace does not benefit existing shareholders and rather hurt small investors like myself. I currently invest in leveraged funds to take advantage of short to medium horizon opportunities when market stresses occur. I do not want to take margin debt when such opportunities occur.

Roy Sowers Comment On Regulatory Notice 22-08

I fail to understand why this issue has resurfaced. I do not feel that I need financial advisor or someone to protect me from myself. This very dangerous territory. If I should not invest in inverse or leveraged funds, maybe I should not invest in start-ups, or penny stocks, or any stock that does not meet with a regulators political opinion. We have far too much WOKE control now.

I have used inverse funds in the past to preserve capital and to stay in the market by hedging against other stocks which I do not wish to sell in a decking market.

Robert Rohwer Comment On Regulatory Notice 22-08

This is extremely disappointing that I could be limited in making choices on investments simply because some people who do not know me decide that I must prove I am capable of making certain "risky" investments. This sets a dangerous precedent and I think will contribute to allowing other controls over retail investing that ultimately benefits the large institutions and regulators most.