JUST FOR FUN
CLOs allow investors to potentially get higher-than-average returns in exchange for taking on greater default risk.
Rex Shares, Volatility Shares, LeagueShares and others have filed for suites of ETFs tied to performances of baseball and hockey teams.
Some lawmakers are questioning whether the majority of demand is coming from investors or the industry.
Hybrids made up 19% of US auto sales last month, JD Power found, selling twice as fast as gas-powered cars in the second quarter.
