Notable ETP News
Still Some Skepticism at SEC Toward Opaque ETFs
A top US securities regulator is concerned that an emerging class of actively managed exchange traded products lacks the transparency of its index-based counterparts. Kara Stein, one of five commissioners at the Securities and Exchange Commission, singled out exchange traded managed funds and other products with “relaxed transparency” as having the potential to “break through [the] ceiling” that has kept fund sponsors from launching actively managed ETFs…
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