Month: November 2024

Georgia Broker-Dealer Learns Costly Lesson From FINRA on ETNs vs. ETFs: A Discussion on ETF Construction and Affects on Risk and Taxes

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A Georgia-based brokerage has settled allegations that it and its president developed and sold a trading strategy that they did not understand and that caused near-total losses for 350 clients, according to the Financial Industry Regulatory Authority as reported by Financial Advisor Magazine recently.  The brokerage had agreed to $2 million in partial restitution to … Read more

Sector ETF Major Provider Comparisons

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What Can We Learn from Sector ETFs? My last blog focused on the 3rd quarter rotation from large cap-weighted growth ETFs to index ETFs that were more value-oriented, equally weighted and/or mid- and small-cap focused.  Sector ETFs are often used for rotation strategies in addition to being vehicles for long-term investment.  There are 132 sector … Read more