MAX S&P 500 4X Leveraged ETN

(NYSE ARCA:XXXX) 

The return on the MAXTM SPX 500® 4X Leveraged ETNs is linked to a four times leveraged participation in the daily performance of the S&P 500® Total Return Index, minus the applicable fees and charges. The ETNs are not “buy and hold” investments and should not be expected to provide a four times leve...