Startup has spent the past 12 months retooling the product after a botched launch.
The group will focus on advising clients with up to $10 million in net worth.
The MicroSectors Cannabis 2x Leveraged ETN will charge 95 basis points.
T. Rowe Price, Fidelity, Natixis and Blue Tractor won permission from the regulator to disclose their holdings only once a quarter.
FOMC says current monetary policy is "appropriate to support sustained expansion of economic activity."
The former Federal Reserve chairman served six presidents as an economic adviser in a career spanning more than half a century.
A Wall Street veteran who led Paine Webber for 20 years until its $16 billion sale to UBS in 2000, Mr. Marron was also active most recently in the independent broker-dealer business.
Societe Generale predicts the 10-year yield will drop to 1.20%
A new report from the private bank rejects the idea that a recession is imminent.
But the SEC's proposal would require brokers to assess whether investors understand the risks — which might discourage firms from offering the products.
