End of Leveraged ETF's?

As of Friday, UBS will no longer sell any of the 2x's or 3x's ETF's, either long or short. My rumors are, that M-L and Edw Jones have already halted the sales of the leveraged ETF's. Are the Federal regulators behind this ultimately, or are these internal decisions these houses are making? Will this effectively dry-up the demand for these instruments? Will volume dry-up in trading these ETF's? Inquiring minds would like to know.

What do you mean "sell?" They won't trade them themselves, or they won't take customers' orders?

What do you mean "sell?" They won't trade them themselves, or they won't
take customers' orders?

No longer take the retail customer's orders for leveraged ETF's,
for either long or short these ETF's.

I'm sure they are still playing the game for themselves.

clarification of new UBS policy:

no more purchases and short sales of inverse funds and leveraged funds

http://www.nasdaq.co...gedinverse-etfs

many other firms are restricting trading to just straight long funds.