XIV – Credit Suisse is pulling the plug on the VelocityShares
httpss://www.youtube.com/watch?v=zaRdnx0zdkQ Credit Suisse is pulling the plug on the VelocityShares Daily Inverse VIX Short-Term ETN, or XIV, which had bet on lower volatility. Credit Suisse is the largest investor in the XIV. With volatility storming back into the market, Credit Suisse is pulling the plug on a popular investment product that had bet on inactivity....