SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Picks of the quarter
ATHR 5.960-3.6%Jan 5 1:53 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sr K who wrote (8724)12/28/2009 1:30:09 PM
From: Feraldo   of 20435
 
Additionally FINRA issued a guidance statement saying leveraged ETFs (and why they would call them ETFs is beyond me because if it is leveraged it becomes a note and thus an ETN) are not suitable for retirement accounts unless managed by a professional. Some brokerages, such as Principal where my wife's 401k unfortunately resides, took the guidance (not a rule) and decided to disallow leveraged anything in any of their retirement accounts. Not all brokerages have instituted such a policy, as it was just a guidance, but the way things are going this will likely soon become a rule.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News