ProShares wants 94 more 3X ETFs, Get Ready for FIRE, FIRE, FIRE!!

Good Ol' Proshares, they only want 94 more 3X leveraged ETFs, come on SEC, that's not that bad.  Fun is fun, 300% leverage and 300% inverse exposure to 37 different indexes could light up the trading floors should ProShares get their way. Fellow Masters, get ready to burn through your cash faster than Bevis can say "FIRE!", who needs money anyway?

You can read the latest amended ProShares filing here.  The list of potential 3X benchmarks ProShares is seeking regulatory approval to consider includes:

1.  DJ Wilshire Total Market Index
2.  Russell 1000 Index
3.  Russell 3000 Index
4.  Russell 3000 Value Index
5.  Russell 3000 Growth Index
6.  MSCI EAFE Index
7.  MSCI EAFE Value Index
8.  MSCI EAFE Growth Index
9.  MSCI Emerging Markets Index
10.  MSCI Japan Index
11.  MSCI Pacific Free ex-Japan Index
12.  MSCI Australia Index
13.  MSCI Malaysia Index
14.  MSCI Singapore Index
15.  MSCI Europe Index
16.  S&P Europe 350 Index
17.  Russell/Nomura Prime Japan Index
18.  Nikkei 255 Stock Average
19.  FTSE/Xinhua China 25 Index
20.  BONY Emerging Markets 50 ADR Index

SOURCE: http://wallstnation.com/node/1458