Merrill Lynch

Merrill Lynch ETF Losses?

May 2, 2012

The Financial Industry Regulatory Authority recently fined Merrill Lynch because: FINRA found that from January 2008 through June 2009, the firms did not have adequate supervisory systems in place to monitor the sale of leveraged and inverse ETFs, and failed to conduct adequate due diligence regarding the risks and features of the ETFs. As a […]

Share
Read the full article →