This week saw the first of what may be several lawsuits related to VIX linked ETFs and ETNs. Bloomberg has reported on the lawsuit filed by Girard Gibbs LLP multiple times as well as other potential issues. I have been focused on, some would say fixated on, VIX linked ETFs and ETNs for about two years now. I have generally found the amount of information provided by the funds, things like Net Asset Value, Shares Outstanding, Positions Held, etc. This detail, of limited scope, seems to be left out of a lot of the coverage of the lawsuit.

Source: Forbes March 17, 2018 18:00 UTC