New margin requirements for leveraged exchange-traded funds (ETFs)

Effective December 1, 2009, the Financial Industry Regulatory Authority (FINRA) has raised the initial and maintenance margin requirements for leveraged exchange-traded funds (ETFs) and associated uncovered options. As such, the buying power within margin accounts may be reduced. For additional details, please review the associated regulatory notice:

http://www.finra.org/Investors/ProtectYourself/InvestorAlerts/MutualFunds/P119778

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