SEC Reviewing TVIX Flop: Reports
March 29, 2012 at 10:19 AM EDT
The Securities and Exchange Commission is looking into the recent collapse of a volatility exchange traded note, VelocityShares Daily 2x VIX Short-Term ETN (NYSEArca: TVIX), according to reports Thursday. The SEC is conducting a preliminary review of volatile trading in TVIX, which lost 60% of its...
