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Credit Suisse is not obligated too, but it's likely they will.
by Hasz 9y ago
Credit Suisse is not obligated too, but it's likely they will.
- marshray 9y agoEven if it's all by the contract, one would suppose an issuer would think very hard before doing that. It could taint their brand, their other leveraged ETFs, or even bring down more regulations.
- cm2187 9y agoBarclays did that I think in 2011. Their ETN was badly designed, the termination event was based on an absolute $ price, not a % movement.