March 10, 2020
My family members and I are not technically nor technologically sophisticated investors. Also, we do not consider ourselves to be wealthy.
Inverse funds, including leveraged inverse funds, have been an accessible investment choice alternative for my family members including my 21 year old son and my 89 year old mother.
Without easy access to the Proshares inverse funds, in particular, we would be put at a disadvantage during market downturns. I doubt that this would be anyone's intent, but any tightened regulation limiting access these funds would impose a handicap on nearly every investor with whom have contact.