Material weakness
Filing comparison
ProShares Trust II reported internal control effective again after a material weakness
Material weakness in internal control → Internal control reported effective
The weakness was first reported on 2024-11-18 — 465 days and 2 annual reports before this one.
Also in our opinion, the combined Trust and each of the individual sixteen funds listed in the table below maintained, in all material respects, effective internal control over financial reporting as of December 31, 2025, based on criteria established in Internal Control - Integrated Framework (2013) issued by the COSO. ProShares Short VIX Short-Term Futures ETF (a) ProShares UltraShort Bloomberg Crude Oil (a) ProShares Ultra Bloomberg Crude Oil (a) ProShares UltraShort Bloomberg Natural Gas (a) ProShares Ultra…
Evidence
- Current state
- effective
- Current state label
- Internal control reported effective
- Direction
- remediated
- Prior filed
- 2025-02-28
- Prior form
- 10-K
- Prior state
- material_weakness
- Prior state label
- Material weakness in internal control
- Remediation stated
- No
- Severity
- normal
- Source
- Item 9A internal control conclusion, compared with the prior filing
- Weakness annual reports
- 2
- Weakness days reported
- 465
- Weakness first reported
- 2024-11-18
- Why
- The company's conclusion on internal control over financial reporting changed: a material weakness was newly reported, or a previously reported one no longer appears.