‘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
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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.