The Securities and Exchange Commission and the Financial Industry Regulatory Authority are back to issuing warnings about leveraged ETFs, but they're not offering any advice you haven't already heard countless times, from the issuers themselves no less.FINRA and the SEC repeated the same advice I and others have repeatedly offered, over and over again and has been well known since the advent of inverse mutual funds several years ago. These funds track the underlying index only for a specific period and are unsuitable for long-term investors; in many cases long-term means more than a day.
A Leveraged ETF Warning Again. Yawn
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