Replies to post #40457 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[longymickshort]

I had mentioned this a long time ago anything ETN underwritten by Credit Suisse is risky they had some pretty shaky financials recently. If Trump and the republicans reverse parts or all of glass steagal that the Clinton Admin decided was a great idea to repeal in order to pander to the big bank lobbyists. Credit Suisse will have some real problems on their hands. Stay tuned don't know how that one will go but if CS gets hit it will be toast.

[Smittle]

Credit Suisse is going to get hammered with the new banking regs.. Thats why they are shutting this down.