WILLIAMSTOWN, MASS. ( TheStreet.com) -- Morgan Stanley (MS - Get Report) (MS - Get Report) Smith Barney is the latest firm to put the kibosh on leveraged ETFs. The wealth management division has noted that it will be making three major changes concerning the use of leveraged ETF products.First, the firm will no longer solicit purchases of leveraged and inverse ETF products in traditional brokerage accounts. Second, advisory accounts will not be allowed to purchase leveraged funds. Finally, customer-driven purchases of leveraged ETF products will be more highly regulated.
Leveraged ETFs: A Call for Coordination
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