The VelocityShares Daily Inverse VIX Short-Term exchange-traded note, ticker XIV, which lets investors bet on continued low volatility, fell as much as 4.5 percent Thursday, after closing at a record high the day before.
BlackRock gets investors in with low fees on basic products, hoping to keep them once they want something more complex -- and expensive.
Market makers are stepping away from providing early funding, forcing issuers to get creative in seeking seed capital.
Here is a survey of the darkening investment landscape painted by banks and asset managers.