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Regulatory Storm Brews for ETFs

|Includes:AMP, Direxion Daily Financial Bull 3x Shares ETF (FAS), SKF, SRS, UBS, UNG, USO

A regulatory storm is brewing on the horizon, and the first drops of doubt are beginning to fall on the ETF industry. Both brokers and issuers are running for cover before the skies open up. Lawsuits, like lightning, could strike at any time, singling out a firm from the herd and driving deep cracks into the industry floor.

 

Starting with a small firm called Edward Jones, brokers have bowed out of the leveraged ETF arena. Despite increasingly revealing warning labels…READ MORE

Stocks: FAS, SKF, SRS, UNG, USO, UBS, AMP