The appointment of Mara Shreck to head the firm’s policy engagement underscores ProShares’ intent to intensify its political involvement. While proactive regulatory engagement can be part of normal business operations, from an anti-authoritarian perspective, ramping up executive political influence raises concerns about potential regulatory capture and undue corporate control over policy, a trend that can erode democratic accountability.

ProShares Appoints Industry Veterans Mo Haghbin and Mara Shreck as Managing Directors as Firm Positions for Future Growth

ProShares' recorded lobbying expenditure and political contributions are indicative of its efforts to influence public policy. While the amounts are moderate, such actions nonetheless perpetuate corporate influence in democratic processes, thereby aligning with concerns over corporate complicity in shaping policy in favor of entrenched economic interests.

ProShares Lobbying Profile • OpenSecrets

The reported $120,000 lobbying expenditure in 2023 by ProShares evidences its active attempt to influence political processes. From a left-leaning, anti-fascist perspective, such corporate lobbying raises concerns about undue corporate political influence which can undermine democratic accountability and contribute to authoritarian policy outcomes.

ProShares Lobbying Profile • OpenSecrets

The appointment of seasoned executives to oversee government affairs and external policy engagement is a proactive move. By enhancing its regulatory dialogue and transparency, ProShares is positioning itself to better navigate political environments and support democratic accountability, which is a positive development in terms of public and political behavior.

ProShares Appoints Mo Haghbin and Mara Shreck as Managing Directors

ProShares' expenditure of $120,000 on lobbying in 2023 is indicative of corporate efforts to influence policy in ways that may favor elite interests over the general public. Such lobbying activities can be viewed as undermining democratic accountability and potentially enabling policies that support authoritarian practices.

ProShares Lobbying Reports • OpenSecrets

ProShares' lobbying expenditure of $120,000 in 2021 is indicative of corporate attempts to influence political processes. From an anti-fascist perspective, such political lobbying—even if moderate in scale—can undermine democratic accountability and favor corporate interests over those of marginalized communities and worker rights.

ProShares Issues Lobbied • OpenSecrets