> This is the same committee that approved VXX and UVXX All of the popular volatility ETFs/ETNs are traded according to SEC regulation. > which have lost 99.9

> This is the same committee that approved VXX and UVXX All of the popular volatility ETFs/ETNs are traded according to SEC regulation. > which have lost 99.999% of their value Did you read the prospectus? Leverage isn't free. This is by design.