• Fidelity Cautions Investors on Leveraged ETFs?

    From Investment Fraud Blawg, Securities Fraud Blawg, and Stockbroker Fraud Blawg: On August 4, 2009, the Wall Street Journal reported that Fidelity Investments had joined other broker-dealers in warning its customers about the risks of investing in Leveraged ETFs (see other blawg posts on this topic here and here). The article, written by Daisy Maxey, […]

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  • More Broker Dealers Restrict Sales of Leveraged ETFs

    From Investment Fraud Blawg, Securities Fraud Blawg, and Stockbroker Fraud Blawg: Only weeks after Edward D. Jones, Ameriprise, Linsco Private Ledger (LPL) and UBS announced that they were restricting the sale of leveraged ETFs (see here), two more broker-dealers have decided to take action related to their sales of these risky, and often misunderstood investments. […]

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  • Firms Asked to Account for Sales of Leveraged ETFs

    From Investment Fraud Blawg, Securities Fraud Blawg, and Stockbroker Fraud Blawg: According to an article on InvestmentNews, Massachusetts securities regulators have subpoenaed four brokerage firms for information related to their sales practices of leveraged ETFs. The subpoenas come only a few weeks after Edward D. Jones, Ameriprise, Linsco Private Ledger (LPL) and UBS restricted the […]

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