SEC's Leveraged ETF Crackdown Opens A Power Vacuum — Who Wins When 5X Gets Frozen?
The race to launch the next generation of ultra-leveraged ETFs has slammed into a regulatory wall, jolting one of the fastest-moving corners of the $8 trillion ETF industry. The SEC’s warning letters to nine issuers, including ProShares, Direxion, and GraniteShares, effectively put the brakes on plans for products promising as…
Benzinga ·