UBS Launches ETRACS Monthly Pay 2x Leveraged Preferred Stock ETN

UBS Investment Bank today announced that the ETRACS Monthly Pay 2xLeveraged Preferred Stock ETN (NYSEArca: PFFL), will begin trading on NYSE Arca®. PFFL is linked to the monthly compounded 2x leveraged performance of the Solactive Preferred Stock ETF Index. The Solactive Preferred Stock ETF Index...