SEC Halts Quadruple-Leveraged ETF Approval Process

The Securities and Exchange Commission is reconsidering its initial approval of the first-of-its-kind, quadruple-leveraged exchange traded funds designed to provide four times the daily price moves of the S&P 500. The commission has decided to put on hold and doesn’t allow for the previously proposed ForceShares Daily 4X US Market Futures Long Fund, under the…Click to read more at