Foley Partner George Simon was quoted in an article titled “SEC Aims To Limit Hedge Fund, Leveraged ETFs” in the May 2010 issue of Exchange Traded Funds Report. Simon discusses the Securities and Exchange Commission’s decision to freeze all fund company applications to launch new lines of leveraged exchange-traded funds (ETFs), noting that the SEC is uncomfortable with the idea of investors buying double-leveraged ETFs on margin. He adds that the SEC is also nervous about the lack of transparency with the swaps that leveraged and inverse funds rely on and is trying to impede the growth of these products.
Related News
March 3, 2026
In the News
Judith Waltz Weighs CMS Anti‑Fraud Tools, Provider Screening, and Moratorium Risks
Foley & Lardner LLP partner Judith Waltz was quoted in the Report on Medicare Compliance article, “Attestation May Send Some PBDs Packing; ‘They May Find Things Have Eroded Over Time’,” discussing the evolving anti-fraud ecosystem, the Centers for Medicare & Medicaid Services' (CMS) forthcoming provider screening tool, and benefits of moratorium.
March 3, 2026
In the News
Susan Pravda Reflects on Leadership, Risk, and Resilience –'Trust Your Instincts'
Foley & Lardner LLP partner Susan Pravda writes on how relationships give her the resilience to keep reaching new heights in a recent "In Her Words" column with The Business Journals.
March 2, 2026
In the News
Gustavo Resendiz Assesses Challenges of Private Equity Fundraising
Foley & Lardner LLP partner Gustavo Resendiz examined the challenges of private equity fundraising in the Mergers & Acquisitions article, “The State of Middle Market Fundraising.”