“Until now, to access volatility, many investors have considered exchange-traded notes, which subject them to the credit risk of the note’s issuer,” said Michael L. Sapir, chairman and CEO of ProShare Capital Management. “Now, for the first time, investors can access volatility with a U.S. exchange-traded fund.”
The two funds are linked to the one-month S&P 500 VIX Short-Term Futures Index and the five-month S&P 500 VIXI Mid-Term Futures Index.
The insurance products began 2024 in much the same way as 2022 and 2023: with record-breaking sales.
Are clients' savings working for them? How to best guide them on the pros and cons of Roth IRAs and other savings programs.
Financial advisors, tax professionals and their clients get another year to think through potential tax, distribution and trust strategies, according to experts.
The Wall Street giant has been moving away from providing in-house retail investment advice to finding ways it can support smaller firms.
The IRS and the Treasury released final regs on the tax credits, with specific rules for partnerships and S corporations.
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
