Brett Olmstead Comment On Regulatory Notice 22-08
I appreciate the ability to choose the right investment vehicle for my needs. I am educated, understand the risks, and as a small investor benefit from the unique offerings of the ProShares funds.
For the Public
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
I appreciate the ability to choose the right investment vehicle for my needs. I am educated, understand the risks, and as a small investor benefit from the unique offerings of the ProShares funds.
I have used leverage products (Rydex, ProShares) successfully and profitably since 2001. Please do not restrict my access to them. Thank you.
Leveraged investment products are an important part of my investment strategy. I am aware of all risks and do not need the government to protect me on this issue. Please scale back your regulation of these products.
We the retail investors should be free to make our own investment decisions, regardless of the risks involved.
Dear Regulator,
Leveraged ETF and similar products should most definitely NOT BE ALLOWED AT ALL in individual retirement accounts. These products have cost me tens of thousands of dollars in losses. They are absolutely toxic and should not in any way be allowed in any form in individual retirement accounts, period.
Thank you for your concerns.