GraniteShares 2x Long COIN Daily ETF (CONL)
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SEC Halts Filings of Highly Leveraged ETFs
Yahoo Finance· 2025-12-04 05:10
The Securities and Exchange Commission is putting a stopper in new leveraged funds, for now. The agency on Tuesday sent warning letters to nine issuers — including Direxion, GraniteShares and ProShares — halting reviews of leveraged ETFs that provide more than 2x exposure to their underlying securities. In stopping reviews and asking issuers to either revise their strategies or withdraw their applications, the SEC, which has been on a deregulatory streak since the beginning of the second Trump administrat ...