Direxion's Mo Sparks Talks Advisor Education, Leveraged ETFs

Core Insights - The article emphasizes the importance of ongoing education for financial advisors, particularly regarding leveraged and inverse ETFs offered by Direxion [1] Advisor Education on Leveraged ETFs - Direxion's Education Center is dedicated to enhancing advisor knowledge about ETFs, focusing on the mechanics of daily resetting leveraged ETFs [1] - Mo Sparks, Direxion's chief product officer, highlights the need for advisors to understand how daily resetting affects investment outcomes, using the Direxion Daily Semiconductor Bull 3X Shares (SOXL) as an example [1] - The Education Center provides resources, including courses and tools, to help advisors explain leveraged and inverse ETFs to clients, especially during earnings season when these products may present unique opportunities [1] - Advisors are encouraged to maintain communication with clients regarding the risks and complexities associated with these sophisticated investment products [1]