February 19, 2020
We consider ourselves well-educated and informed investors. We are capable of understanding leveraged and inverse funds and their performance characteristics, and do not wish to be forced to allow a third-party to evaluate our capability to determine what investments are right for us or prevent us from buying those investments. We have greatly benefitted from the enhanced returns from our ProShares investments which have surpassed our financial needs for retirement. We absolutely agree with the need to preserve the long-standing free public markets where investors and their advisors have the freedom to buy public securities without additional government-imposed limitations on investor choice. We have raised our concerns with our US Senators and Congressional Representatives by emailing our objections to this unprecedented proposal from the Securities and Exchange Commission to them, stressing the importance of blocking these proposed regulations.