These Are Not The ETFs You Are Looking For...But This IS A Margin Call

Presenting, with little comment but complete and utter bewilderment, the latest margin hike and ETF changes. Direxion ETFs just changed the 'fund' mandates from 2x to 3x on a number of their more popular products - which of course, given the extra vol, will mean significant margin hikes from any broker you trade with...curiouser and curiouser.

(h/t DS)