Making a wrong-way bet on market direction, or giving up profits with a hedge, doesn’t always endear advisors to their clients. As regulators are trying to get their arms around the industry a bit more, the warning has been made and the heat should come down a little.
ETFs are not the worst things that have happened to the securities industry.
For more stories about leveraged ETFs, visit our long-short category.
For more stories about ETF Trends in the press, visit the ETF Trends in the press category.