The Risky Oil ETF That Millennials Loved Is Getting Delisted
We can't even.
ETFs: 'America First' Strategy, Banks Halt ETN Creations
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Watch out millennials, one of your most popular investments is about to cause you some major headaches.
Earlier this year, research from online brokerage TD Ameritrade Holding Corp. showed that a particularly risky ETF was attracting investors from the millennial demographic far more than other age groups. Yesterday, Credit Suisse AG announced its intent to delist and suspend further issuance of that very ETF.