I strongly disagree with the attempt by FINRA to prevent or restrict investors from trading in leveraged and inverse funds. ProShare Advisors offers a variety of these types of funds which are critical in the management of my portfolio. We are perfectly capable of understanding these funds and the risks they may have. And, they are the best way to hedge a portfolio from certain events. We do not need "Nanny" government telling us what we are smart enough to do.
Kenny Hart Comment On Regulatory Notice 22-08
I strongly disagree with the attempt by FINRA to prevent or restrict investors from trading in leveraged and inverse funds. ProShare Advisors offers a variety of these types of funds which are critical in the management of my portfolio. We are perfectly capable of understanding these funds and the risks they may have. And, they are the best way to hedge a portfolio from certain events. We do not need "Nanny" government telling us what we are smart enough to do.