{ "media_type": "text", "post_content": "Did anyone read the Syracuse post today? How does a rep who loses 90% on a leveraged ETF that he sold to thirty clients, admits that he only briefly read the prospectus not lose is license?", "post_id": "5b9c34df8b040000136b24f5", "reply_count": 2, "vote_count": 1, "bowl_id": "599feb177c057d0010be0554", "bowl_name": "Financial Advisors", "feed_type": "crowd" }

Did anyone read the Syracuse post today? How does a rep who loses 90% on a leveraged ETF that he sold to thirty clients, admits that he only briefly read the prospectus not lose is license?

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Read the story... prospectus clearly stated that this ETF was for one day use... clearly said holding for an extended period would result in substantial loss. Do I read them... yes on any new product.... and after reading this I'm going to do a better job reading updates as well


I must ask - do you read the prospectus of every product you sell? I’m not advocating ignorance, I’m being a realist. The amount of information on each fund is exhausting. I don’t read every prospectus, I don’t read half or even a quarter of them. I might have though on a highly leveraged product.

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Ahh it is posting but into middle of feed as opposed to top.


Correct font and company!


Testing a new post at 12:06PT 5.12


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