ProShares Ultra Bloomberg Crude Oil stated that it would not seek to achieve its stated objective over a period greater than a single day. ProShares Ultra Bloomberg Crude Oil stated that it would achieve its investment objective by seeking daily investment results, before fees and expenses, that correspond to two times the performance of its benchmark for a single day, and not for any other period.

The main delivery and price settlement point for WTI is Cushing, Oklahoma. WTI is the main oil benchmark for North America, as it is sourced from the United States, primarily from the Permian Basin. ETFs like ProShares Ultra Bloomberg Crude Oil provide one of the primary means investors can gain exposure to fluctuations in oil prices. ProShares Ultra Bloomberg Crude Oil is an exchange traded fund (“ETF”) purportedly designed to reflect the performance of crude oil as measured by the price of West Texas Intermediate (“WTI”) sweet, light crude oil futures contracts traded on the New York Mercantile Exchange. NYSEArca: UCO investors should contact the Shareholders Foundation at or call +1(858) 779 - 1554.

Investors who purchased shares of ProShares Ultra Bloomberg Crude Oil (NYSEArca: UCO) have certain options and for certain investors are short and strict deadlines running. An investor, who purchased shares of ProShares Ultra Bloomberg Crude Oil (NYSEArca: UCO), filed a lawsuit York over alleged violations of Federal Securities Laws.

Finbets