Higher broker standards for recommending Leveraged and Inverse ETFs

Author: Michael Hill

In our earlier press release, we stated that the Financial Industry Regulatory Authority (FINRA) reminded all brokers and broker-dealers, in a regulatory notice, of their requirements prior to recommending the purchase of a leveraged or inverse exchange-traded fund (ETF).  See FINRA Regulatory Notice 09-31 .  These requirements are more than what is required prior to recommending… Read more »