Direxion Announces Splits of 10 Leveraged ETFs

Direxion has announced it will execute reverse share splits for 8 of its leveraged ETFs, effective at the open of the market on March 24, 2016:

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH) 1:10
Direxion Daily Natural Gas Related Bull 3X Shares (GASL) 1:10
Direxion Daily India Bull 3X Shares (INDL) 1:4
Direxion Daily S&P Biotech Bull 3X Shares (LABU) 1:4
Direxion Daily Brazil Bull 3X Shares (BRZU) 1:4
Direxion Daily Latin America Bull 3X Shares (LBJ) 1:4
Direxion Daily Emerging Markets Bull 3X Shares (EDC) 1:4
Direxion Daily Russia Bull 3X Shares (RUSL) 1:4

as well as forward share splits for another 2 leveraged ETFs, effective at the open of the market on March 24, 2016:

Direxion Daily FTSE China Bear 3X Shares (YANG) 4 for 1
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP) 4 for 1

See press release here: http://www.direxioninvestments.com/press-release/direxion-announces-reverse-and-forward-share-splits-of-ten-leveraged-etfs

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