In the Margins
The Financial Industry Regulatory Authority has warned investors of risks associated with "smart beta" exchange-traded funds. "Because there's no definition of what the heck smart beta even is, it's hard to issue a warning," David Nadig, director of ETFs at FactSet, said. Still, FINRA tried. The self-regulatory organization recommended investors read funds' prospectuses, carefully evaluate the costs and risk, and take note of funds' holdings and liquidity. Read the original story from The WSJ.
Most Read
Investment Company Institute CEO Eric Pan came out swinging on Tuesday, delivering keynote remarks to 2024 Investment Management Conference attendees in which he railed against "over-regulation" and vowed ...
A senior member of the Securities and Exchange Commission's Division of Investment Management on Monday indicated to mutual fund industry professionals that the Commission will not ...
Today is International Women's Day, and there's plenty to celebrate in the mutual fund governance space. Women have made strides in recent years in getting into ...
William Birdthistle is leaving the Securities and Exchange Commission after just over two years as director of the Division of Investment Management, the agency said on ...