ETP News: Credit Suisse releases oil-linked covered call ETNs, SEC approves 4x leverage ETF

Credit Suisse has launched the Credit Suisse X-Links Crude Oil Shares Covered Call ETNs (USOI), a new range of exchange-traded notes linked to the performance of the price return version of the Credit Suisse Nasdaq WTI Crude Oil FLOWS 106 Index. The ETNs may pay a variable monthly coupon of 16.25% based on the notional option premiums, if any, generated by the Index's hypothetical monthly sale of call options on the shares of the United States Oil Fund (USO Shares). The ETNs are listed on the Na