The SEC Approves Single-Stock Leveraged ETFs

In a time of prolonged market volatility, the SEC has announced that it is giving the green light to funds that utilize derivatives to take a leveraged or inverse position on single securities as the latest complex product to come to market. The regulatory body was careful to underscore the added risk that such funds carry in addition to its usual couched language around complex products.
$S&P 500 Index(.SPX.US)$ $SPDR S&P 500 ETF(SPY.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Invesco QQQ Trust(QQQ.US)$ $ProShares UltraPro Short QQQ ETF(SQQQ.US)$ $ARK Innovation ETF(ARKK.US)$ $Tuttle Capital Short Innovation ETF(SARK.US)$ $Tesla(TSLA.US)$ $AXS TSLA BEAR DAILY ETF(TSLQ.US)$