Gary Gensler: ” investing in a levered single-stock ETF may create exposures for investors that in many ways resemble buying shares on margin. Further, investing in an inverse single-stock ETF is meant to be similar to shorting a stock.” “they are not necessarily right for every investor.”
by Dismal-Jellyfish Source: https://www.sec.gov/news/speech/gensler-prepared-remarks-iac-06222023 Highlights: The use of predictive data analytics, however, also can lead to potential conflicts. Conflicts may arise to the extent that advisers or brokers are optimizing for their own interests as well as others. I have …