Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: Hi there, As an active investor, I read at least one hour per day to keep my knowledge and skills updated in order to manage my money effectively. One thing I know is most fund managers (If not all) are not able to beat major index. I used to put all my savings in high risk mutual funds and found out the results to be disappointing. Very low returns in upward trends and important hit on downtrends. The leveraged and inverse ETF funds are crucial to my retirement plans since they are providing amazing returns. Plus, because it is considered as a passive investment mode, it allows me to make my money grow even if I’m not working in the field. In other words, I want to preserve the long-standing free public markets where I have the freedom to buy public securities without gouvernment-imposed limitations. That is not only important for me, since I have enhaced financial literacy around me and have already convinced some of my friends and relatives to take their control of their financial destiny using ProShares ETF investment products. Regards, Alexandre Comtois