From MarketBeat:
Massachusetts’s securities regulator said it is looking into the VelocityShares 2x Long VIX Short Term Exchange note (TVIX), managed by Credit Suisse.
Secretary of the Commonwealth William Galvin submitted a written request on March 23 to Credit Suisse for information and documents related to every purchase of TVIX shares from Feb. 20 to March 23. The regulator also is seeking information on what time Credit Suisse filed its media release with the Securities and Exchange Commission on its plans to reopen issuance of TVIX beginning on March 23 and who was involved in making that decision....MORE
