If a leveraged ETF blew up, you couldn't legally get margin calls?

Discussion in 'ETFs' started by crgarcia, Aug 25, 2009.

  1. Let's suppose a leveraged ETF blows up (even if there is a small probability, let's assume it happens).

    By law you are a shareholder?, and as such you can't get more losses than the amount you paid for your shares?
  2. You are not legally responsible. But Obama can find you morally responsible and ask congress to target you via other means.