‘Volmageddon’ Is History as SEC Greenlights Leveraged VIX ETFs

  • New versions of XIV and TVIX seek to fix shortcomings of both
  • Gensler says products not for everyone, SEC is looking at risk
Lock
This article is for subscribers only.

Two infamous stock volatility strategies on Wall Street look set for a comeback -- with protective buffers this time round.

The U.S. Securities and Exchange Commission has approved rule changes that pave the way for a pair of ETFs from Volatility Shares LLC to list and trade. The two products will offer leveraged bets on the Cboe Volatility Index, or VIX.