FocusShares ETFs Launched Yesterday Plunge In Latest Apparent Flash Crash (FMU, FLG, FMM, FOS, FBM, FCQ, FCL, FCD, FEG, FFL, FHC, FIL, FRL, FTQ, FUI)

A flash crash reminiscent price plunge forced the Nasdaq OMX to cancel the trades on new exchange-traded funds that on Thursday saw their share prices tank.  Reuters is reporting that, “The ETFs, sponsored by Scottrade affiliate FocusShares, started trading on Wednesday and on Thursday plunged