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Edward Jones Discontinues Sale of Leveraged ETFs [View article]
Big picture? The 401k 'retirement savers' are furious, burned by mutual fund companies that STRENUOUSLY OPPOSE little guy access to low-cost ETFs. The mutual funds have the competition (ETFs) in their gunsights, and here's a convenient scape-goat for "reform."
Notice how FINRA conflated "leveraged" and "inverse" ETFs in their recommendation? If we don't begin to voice public opposition immediately, eventually IRAs will be restricted to whatever 2nd rate investments the big boys allow - and rest assured, the hedge-funds and HNW clients will have access when YOU do not.
3 Innovative ETF Areas [View article]
The Palladium ETF will be a very nice addition for investors & speculators alike, also.
Timing here?