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Oppenheimer Allegedly Put 91-Year-Olds In Risky Leveraged ETFs
FYI: Buried in Wednesday’s announcement that Oppenheimer & Co. will pay nearly $3 million in fines and restitution to settle supervision and suitability finding from Financial Industry Regulatory Authority are three cringe-worthy examples of exactly the types of investors that have no business whatsoever in leveraged, inverse and inverse-leveraged exchange-traded funds. Regards, Ted http://blogs.barrons.com/focusonfunds/2016/06/08/oppenheimer-allegedly-put-91-year-olds-in-risky-leveraged-etfs/tab/print/
