Quantum Fading

12/31/2009 Top ETF Stories of 2009: Leveraged Funds (thestreet.com)
12/29/2009 Best and Worst Leveraged / Inverse ETFs of 2009 (seekingalpha.com)
12/23/2009 Leveraged ETFs: Where ETF Decay Rules (youngandinvested.com)
12/20/2009 Top 10 Performing Leveraged ETFs of 2009 (seekingalpha.com)
12/15/2009 FINRA Raises Margin Limits on Leveraged ETFs (seekingalpha.com)
12/7/2009 Finra defers increased margin requirement for options on leveraged ETFs (ifaonline.com)
12/1/2009 Confessions of a Leveraged ETF Junkie, Part 2 (thestreet.com)
11/27/2009 FINRA and Taxes – A Good News, Bad News Punch For Leveraged ETFs (etfguide.com)
11/23/2009 3 Factors to Consider Before Buying Leveraged and Short ETFs (etfguide.com)
11/21/2009 FINRA Changes Stance On Leveraged ETFs (indexuniverse.com)
11/17/2009 Leveraged ETFs: More Regulation (thestreet.com)
11/9/2009 (How leveraged ETFs work) (notananalyst.com)
11/5/2009 Confessions of a Leveraged ETF Junkie, Part 1 (thestreet.com)
10/25/2009 Do non-traditional ETFs belong in client portfolios? (investmentnews.com)
8/21/2009 Leveraged ETF Ticker Symbols – All the 2X and 3X Return Info You Need (darwinsfinance.com)

Overnight holders (Nov. 19 to Nov. 20) of some Direxion leveraged ETFs (ERX, EDC, TNA, etc.) may have been confused to see the price drop around 10%. The reason is due to the funds paying distributions. For example, excluding normal market action, ERX dropped $4.65 due to a $4.65/share dividend. Someone holding 100 shares will receive $465 which will be taxed as a short term capital gain. The date of payment is November 30, 2009.

More information can be found on the Direxion website: http://www.direxionshares.com/pdfs/DS_Div_1109.pdf

10/18/2009 – ProShares Expands Its Treasuries Offerings (Seeking Alpha)
10/16/2009 – Non-Traditional ETFs Worry Regulators, Advisors (financial planning)
10/9/2009 – Leveraged ETFs Vs. Your Margin Account (businessinsider.com)
10/7/2009 – September Performance Busts Leveraged ETF Myth (Seeking Alpha)

10/2/2009 – The Pomerantz Firm Charges Direxion Shares ETF Trust With Securities Fraud — FAZ (benzinga.com)
10/2/2009 – Direxion Preps Monthly Leveraged ETFs (mutualfundwire.com)
10/2/2009 – Direxion Changes Mutual Funds To Monthly Leverage (istockanalyst.com)
10/1/2009 – ProShares UltraShort Dow 30 Fund (Symbol: DXD) Class Action Filed by Bernstein Liebhard LLP (earthtimes.com)

9/25/2009 – Defending the ‘Most Dangerous ETFs’ (Seeking Alpha)
9/24/2009 – ETFs: The Most Dangerous (TheStreet.com)
9/23/2009 – 10 Most Dangerous ETFs (Part 2) (TheStreet.com)
9/23/2009 – Achieving More than Just One-Day Success with Leveraged and Inverse Funds (Seeking Alpha)
9/22/2009 – ETFs: 10 Most Dangerous (Part I) (TheStreet.com)