PANews reported on December 3 that the U.S. Securities and Exchange Commission (SEC) has issued a series of warning letters to some of the country's most prolific providers of highly leveraged exchange-traded funds (ETFs), effectively halting the launch of products aimed at offering two or three times the daily return on stocks and commodities. In nine nearly identical letters released Tuesday, the SEC informed companies including Direxion, ProShares, and Tidal that it would not proceed with reviews of proposed offerings until key issues were resolved. The regulator's core concern is that these funds' risk exposure may exceed the SEC's limits on the risks a fund can take relative to its assets. The letters instruct fund managers to either modify their investment strategies or formally withdraw their applications.PANews reported on December 3 that the U.S. Securities and Exchange Commission (SEC) has issued a series of warning letters to some of the country's most prolific providers of highly leveraged exchange-traded funds (ETFs), effectively halting the launch of products aimed at offering two or three times the daily return on stocks and commodities. In nine nearly identical letters released Tuesday, the SEC informed companies including Direxion, ProShares, and Tidal that it would not proceed with reviews of proposed offerings until key issues were resolved. The regulator's core concern is that these funds' risk exposure may exceed the SEC's limits on the risks a fund can take relative to its assets. The letters instruct fund managers to either modify their investment strategies or formally withdraw their applications.

The SEC has suspended approvals for highly leveraged ETFs, citing concerns about excessive risk.

2025/12/03 10:07

PANews reported on December 3 that the U.S. Securities and Exchange Commission (SEC) has issued a series of warning letters to some of the country's most prolific providers of highly leveraged exchange-traded funds (ETFs), effectively halting the launch of products aimed at offering two or three times the daily return on stocks and commodities. In nine nearly identical letters released Tuesday, the SEC informed companies including Direxion, ProShares, and Tidal that it would not proceed with reviews of proposed offerings until key issues were resolved. The regulator's core concern is that these funds' risk exposure may exceed the SEC's limits on the risks a fund can take relative to its assets. The letters instruct fund managers to either modify their investment strategies or formally withdraw their applications.

Market Opportunity
Union Logo
Union Price(U)
$0.002761
$0.002761$0.002761
-0.50%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

LMAX Group Deepens Ripple Partnership With RLUSD Collateral Rollout

LMAX Group Deepens Ripple Partnership With RLUSD Collateral Rollout

LMAX Group has revealed a multi-year partnership with Ripple to integrate traditional finance with digital asset markets. As part of the agreement, LMAX will introduce
Share
Tronweekly2026/01/16 23:00
Pastor Involved in High-Stakes Crypto Fraud

Pastor Involved in High-Stakes Crypto Fraud

A gripping tale of deception has captured the media’s spotlight, especially in foreign outlets, centering on a cryptocurrency fraud case from Denver, Colorado. Eli Regalado, a pastor, alongside his wife Kaitlyn, was convicted, but what makes this case particularly intriguing is their unconventional defense.Continue Reading:Pastor Involved in High-Stakes Crypto Fraud
Share
Coinstats2025/09/18 00:38
Fed rate decision September 2025

Fed rate decision September 2025

The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment.  “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
Share
BitcoinEthereumNews2025/09/18 02:44