SEC Approves 4x Leveraged ETFs, Dubbed ‘Market Crack’ / Dr. Fly / May 4, 2017

The criminal organization called the “SEC” just approved 400% leveraged ETFs by a company called Forceshares. In spite of the fact that the roster of 3x ETFs have done nothing but bestow a purple form of grief onto the uninformed investor — our regulatory body felt it necessary to provide the market with 1920s style leverage — that decays overtime — because straight up margin isn’t risky enough, apparently.

A few things to note, via the S-1.


Read more ... source: The Bitcoin Channel

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