Simon Quoted on Frozen ETFs

03 May 2010 Exchange Traded Funds Report News

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 Services


Blockchain: A Tool With a Future in Healthcare
18 July 2019
Health Care Law Today
A Review of Recent Whistleblower Developments
18 July 2019
Legal News: Whistleblower Developments
Do You Know What IMMEX Stands For?
16 July 2019
Dashboard Insights
Does The U.S. Need STRONGER Patents?
16 July 2019
PTAB Trial Insights
Review of 2020 Medicare Changes for Telehealth
11 December 2019
Member Call
2019 NDI Executive Exchange
14-15 November 2019
Chicago, IL
MAGI’s Clinical Research Conference
29 October 2019
Las Vegas, NV
Association for Corporate Counsel Annual Meeting 2019
27-30 October 2019
Phoenix, AZ