As if one ultra-short exchange-traded fund wasn't bad enough. Now ProShares is asking the Securities and Exchange Commission for permission to create 94 new ETFs. And instead of settling for a mere $2 of short leverage, ProShares wants $3. Needless to say, Cramer is outraged, especially considering the damage already caused by the UltraShort Financial ETF. He wants them all shut down. Watch the video for the latest on this important Cramer crusade.
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