In the Margins

BlackRock wants to level ETF playing field

October 24, 2017

By Bloomberg

BlackRock is calling for a new rule in the $3 trillion exchange-traded funds market that would remove some of the impediments faced by wannabe issuers and potentially curtail the advantages of early movers—like BlackRock, according to Mark Wiedman, global head of the company’s iShares business. “There should be a single rule that governs plain-vanilla ETFs in the United States,” Wiedman said during an interview. “There’s an unlevel playing field.” Read the original story from Bloomberg.

 

 

Most Read

Top of the Agenda - Governance
Victory-USAA deal: New board leadership on deck

In an unusual move, the board overseeing USAA's mutual funds is planning to replace its long-serving independent chairman with an interested chair upon completion of Victory ...