Don Dion's  Instablog

Don Dion
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Don Dion (donalddion@gmail.com, @DRDInvestments) is the owner and Chief Investment Officer of DRD Investments, LLC, based in Naples, FL. and Williamstown, MA., a family office focused on managing a long/short hedge fund, real estate assets, venture capital, and various other financial assets for... More
My company:
Drd investments, llc
My blog:
Don Dion's IPO Analysis
My book:
The Ultimate Guide to Trading ETFs
  • More ETFs Get Sued 1 comment
    Sep 8, 2009 4:34 PM | about stocks: EEV, SKF, SRS, FAS, FAZ

    New lawsuits are adding to leveraged ETF woes, putting ProShares' UltraShort MSCI Emerging Markets (NYSEARCA:EEV) and UltraShort Financials ETF (NYSEARCA:SKF) under fire. The new lawsuits, which criticize ProShares' disclosure about these ETFs, come in the wake of a lawsuit against the ProShares UltraShort Real Estate (NYSEARCA:SRS) and criticism of leveraged funds at large.

     

    Both complaints allege…READ MORE

    Stocks: EEV, SKF, SRS, FAS, FAZ
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  • rikkiepikkie
    , contributor
    Comments (3) | Send Message
     
    can someone please explain me the enormous hit financials took sept 15th (citigroup -8%, all others around -1,5% JPM,MS...) and FAZ down also. It should be up 3%. How can we sue the institution who runs them ?
    16 Sep 2009, 01:40 AM Reply Like
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