Home| News Daily| News Monthly| Submit| Monthly Report

Pell Futures Implements New Sales Policy for Leveraged, Inverse and Leveraged Inverse ETFs
Released by: Rebecca Yong
Web Site: http://pell-futures.com/
In response to new legislation raised by regulators about certain financial instruments, Pell Future


Email: contact@pell-futures.com
Keywords: Services
Update Date: 9/18/2009 7:26:29 AM
Hits: 509

Descrption:
 /1888PressRelease/ In response to new legislation raised by regulators about certain financial instruments, Pell Futures announced today that it has placed certain restrictions on the sale of leveraged, inverse, and leveraged inverse exchange traded funds (ETFs).

Specifically, as of July 14th, 2009, solicited purchases of these products will be permitted in traditional brokerage accounts. Unsolicited purchases in these accounts will be permitted only subject to enhanced oversight and review. In addition, purchases of these securities will be permitted in advisory accounts managed by Pell Futures Financial Advisors.

Financial Advisors have been encouraged to review existing positions in these securities with clients to emphasize their unique characteristics and risks.

Pell Futures, a global leader in wealth management, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust services.

Pell Futures is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals in 37 countries.

For further information about Pell Futures, please visit www. Pell-futures.com.

http://pell-futures.com

Related Link: http://www.1888pressrelease.com/pell-futures-implements-new-sales-policy-for-leveraged-inve-pr-149975.html

 |  Software Hypermarket |  Contact us |