SEC to Reconsider Decision Approving Quadruple-Leveraged ETFs

According to a Wall Street Journal report, the SEC may reevaluate a decision by the Division of Markets and Trading to approve a proposed rule change that permits the listing and trading of the first quadruple-leveraged exchange-traded funds ("ETFs"). The report states that the decision "has been put on hold" and will be reviewed by SEC commissioners.

Premium Content

Available only to Premium subscribers.

 

Tags