The GraniteShares 2x Long MSFT Daily ETF (MSFL) fell to $23.08, down 4.35% as of 10:23 AM ET on November 15th, amid heightened regulatory scrutiny and broader market declines. Microsoft Corp, a key component of the ETF, is under investigation by the Federal Trade Commission for potential anti-competitive practices in its cloud computing business. The probe focuses on allegations of restrictive software licensing terms and high exit fees, which could impact Microsoft's market position and investor sentiment. Additionally, the broader market is experiencing a pullback, with the S&P 500 futures down 0.6% and Nasdaq 100 futures dropping 0.9% as of early morning trading. This decline is driven by persistent inflation concerns and hawkish Federal Reserve comments, which are dampening investor optimism.