Solution for Obtaining Exemptive Relief for Leveraged Index ETFs

Even though the SEC has lifted their moratorium on new leveraged index ETF issuers, they maintain their concerns about the transparency of such funds and about the potential of such funds to exacerbate major market dislocations.  As a result, no new fund managers have sought exemptive relief to offer new products in the US market.… Continue reading Solution for Obtaining Exemptive Relief for Leveraged Index ETFs

Solving a Vexing Problem

Exchange Traded Funds (ETFs) have been one of the booming areas in financial markets. And one of the most popular classes of ETFs are “leveraged” and “inverse” ETFs which allow traders to apply a multiplier to the change in value of the underlying index. Some leveraged funds appreciate double or triple the change in the… Continue reading Solving a Vexing Problem