Leaping in before the product goes to zero, Credit Suisse announces a 1:10 reverse split of the...

|By:, SA News Editor

Leaping in before the product goes to zero, Credit Suisse announces a 1:10 reverse split of the 2X VIX ETN (TVIX), effective Dec. 21. There had been speculation Credit Suisse - frustrated over tracking issues - was just going to let the product fade away.