FINRA and IIROC warn about leveraged and inverse ETFs
Felix Shipkevich - June 11, 2009FINRA and IIROC remind firms of their sales practice obligations with regards to leveraged and inverse ETFs. ETFs that are designed to achieve investment objectives on a daily basis may not be suitable for many investors, and should not be marketed as if they were designed to positively or negatively track an underlying index or benchmark over a longer period of time.
