The Derivative Project
A Guess at Why Larry Fink is Warning on Leveraged ETF’s

A Guess at Why Larry Fink is Warning on Leveraged ETF’s

Larry Fink, CEO of Blackrock rattled the ETF business last week, pronouncing leveraged ETF’s have the capacity to blow up the system. Reuters describes Mr. Fink’s warning here this morning, Blackrock’s Fink jolts ETF business with blow-up warning For background purposes, please read the Investment Company Institute’s write-up on closed…