SEC Halts High-Leveraged ETF Plans in Warning Over Risk Control

SEC Halts High-Leveraged ETF Plans in Warning Over Risk Control



SEC Halts High-Leveraged ETF Plans in Warning Over Risk Control
The US Securities and Exchange Commission has issued a flurry of warning letters to some of the country’s most prolific providers of high-octane exchange-traded funds, effectively blocking the introduction of products designed to deliver two or three times the daily returns of stocks, commodities and cryptocurrencies.


www.bloomberg.com
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