Is a Ban on Short Financial ETFs on the Horizon? [View article]
"I can't say as to how any short financial ETF achieves its leverage and what percentage would come through naked shorting. "
Well, you might start by reading the prospectus. Why write such an article without doing basic research. From my read of the prospectus, it appears they are doing swaps and options - not shorts.
The naked-short ban is yet another move into socialism. Letting these corrupt institutions die will provide the scare to keep it from repeating (They call the very real risk of bailing out these thugs "Moral hazard" - a most opaque term)
Bye Bye Bear - Cramer's Mad Money (7/30/08) [View article]
Is a Ban on Short Financial ETFs on the Horizon? [View article]
Well, you might start by reading the prospectus. Why write such an article without doing basic research. From my read of the prospectus, it appears they are doing swaps and options - not shorts.
The naked-short ban is yet another move into socialism. Letting these corrupt institutions die will provide the scare to keep it from repeating (They call the very real risk of bailing out these thugs "Moral hazard" - a most opaque term)