Direxion to Shutter a Dozen Inverse, Leveraged ETFs
September 06, 2017 at 12:28 PM EDT
Direxion, one of the largest issues of inverse and leveraged exchange traded funds, said it plans to close 12 of its inverse and leveraged sector funds. “Shares of each Fund will stop trading on the NYSE Arca, Inc., and will no longer be open to purchase by investors, after the close of regular...