The Financial Industry Regulatory Authority (FINRA) has been warning brokerages and investors of the dangers that leveraged ETFs pose all year. This past week, they announced a raising of the margin requirements for these products and I think this was a very smart move. By now, most investors are aware of the erosion involved when…
Leveraged ETFs
The E! True Hollywood Story: Rise and Fall of SKF
The ProShares Ultra Short Financial ETF, otherwise called SKF, has had one of the most spectacular flame-outs in market history. One minute, SKF was a superstar, raking in millions of dollars on a daily basis and dominating the most actives list. Then suddenly, the party was over. This is the E! True Hollywood Story of…