Apr. 26, 2020
I Sent this to Proshares without knowing If they sent it to you, So I am sending this Directly to You just in case you have not Received it ! If you have ANY questions For me please reach me by Phone Ted Westerman Sent from my Eye-Phone Begin forwarded message: From: Theodore Westerman Date: April 24, 2020 Subject: God Complex found in Leaders & SEC? Boy Scouts, Priests and other Revered Societal Leaders have Persistently Claimed they are “looking out for” Their flock, while actually looking out For their own best interests! Now apparently the Brokerage Houses & Funds are acting like Gods. And Now The FCC ? 1) Fidelity Investments They started denying my wish to Purchase certain investments claiming That they were “Protecting their customers” From some possible future loss of income? They called them “caviat emptor” stocks ! When I pointed out to them that those words Meant “ buyer beware”, not Fidelity knows Best, they changed the category name for Those stocks, but still did not allow me to Invest. Yes Virginia, there is a “Fidelity God”! More importantly who are they really Protecting? 2) Direxion MIDZ etc ThIs firm very recently CLOSED at least 6 Funds (all leveraged & Inverse FUNDS), Claiming that there was Not Enough Interest In those Funds so they decided to CLOSE Them! In a time like this, they had No Customers? The 8 Ball would predict DOUBTFUL ! 3) SEC Proposal No more Inverse & Leveraged Funds To be purchased by Individual Investors? Give CONTROL to Who? Stocks,Mutual Funds, ETF’s and “other” Investments being DENIED to the SMALL Investors, while the LARGE investors Simply get permission by paying a fee ? This is the Most Egregious Example of CLASS DISCRIMINATION I’ve Ever Seen in my Lifetime ! I’m sure this proposal could be found To to be breaking some of the Elder Abuse Laws now on the Books, as well ! I, for one have been Using Inverse & Leveraged Funds for 20+ years ! Always to my BENEFIT ! The “ONLY” Result of Your Proposal Will be to BLOCK out the Individual Investors so that they could NEVER Catch up to the Wealthy! Protecting WHO? So to Recap; 1). Individual Investors are smarter than You give us credit for ! 2) We need to have the ability to Improve our Lot in Life, and investing In leveraged and Inverse Funds are our way to do this, our LIFEBLOOD ! 3) Free markets should ALWAYS be Free to EVERYONE not reserved to Certain Social Classes ! 4). If Your Concern for the Public Has any REALITY to it, then here is A suggestion - Require Investors who Have No Experience in investing In Leveraged & Inverse Funds take A short Course Explaining the Dangers And get a signature, so that EVERYONE Knows that they are Investing by their Own will and hold nobody else responsible ! Ted Westerman Problem Solver Sent from my Eye-Phone