FYI: (Click On Article Title At Top Of Google Search)
It is a rare case of regulator’s remorse.
During a deregulatory heyday a decade ago, the Securities and Exchange Commission approved a type of exchange-traded fund allowing mom-and-pop investors to try to double or even triple the daily return of stock markets or bet on such swings in the opposite direction.
Now, after nearly $30 billion has flowed into the products, the SEC is moving to limit them, citing 76-year-old restrictions on how much mutual funds can use potentially risky borrowing to try to juice returns.
Regards,
Ted
https://www.google.com/#q=SEC+Moves+to+Curb+Leveraged+ETFs++WSJ
