In the Margins

SEC's Stein warns on ETF risks

February 19, 2016

By Reuters

Securities and Exchange Commission member Kara Stein on Friday warned that exchange-traded funds present risks that investors may not understand or anticipate and said the SEC should consider seriously how to regulate them. "These products are not traditional equity securities," she said. "They do not always behave in the same manner as equity securities. The attempt to fit such non-equity products into the rules designed for traditional equity securities has left potential gaps in investor protection and also raised questions about market integrity." Read the original story from Reuters.

 
 
 
 
 
 
 

 

 

Most Read

10 Things
10 Things...on the regulatory agenda

The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...

10 Things
10 Things...to read in summer 2024

It's the Summer Solstice, and that means that for most of us the sun is shining, temperatures are heating up, and longer days allow for pursuits ...