AIFortuneabout 2 hours ago
SEC urged to ban leveraged single-stock ETFs
5 min read
South Korea's leveraged single-stock ETFs tracking Samsung and SK Hynix caused a market meltdown, with retail investors losing up to 49.4% in two months. The SEC should ban similar US products, which hold $65 billion in assets, before American investors suffer the same volatility decay losses.
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