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ETFs

Rominger Testimony at Senate Banking ETF Hearing

October 20, 2011

Yesterday, Eileen Rominger, the Director of Division of Investment Management, testified in front of the Senate Banking Subcommittee on Securities, Insurance, and Investment at a hearing entitled: "Market Microstructure: Examination of Exchange-Traded Funds (ETFs)." Ms. Rominger discussed the SEC's current efforts with respect to… read more

BlackRock Position Paper on ETFs

October 19, 2011

BlackRock has recently issued a paper calling for greater transparency and consistent regulation of ETFs.  The paper summarizes recent concerns that have been raised about ETFs, including their use of synthetic strategies, their lack of transparency on holdings and fees and their exposure to… read more

Challenges Ahead in ETF Market

September 09, 2011

McKinsey and Company's financial service group recently released a report on the current state and likely future of ETFs and ETF providers in the current asset management marketplace.  The report, The Second Act Begins for ETFs: A Disruptive Investment Vehicle Vies for Center Stage in… read more

FSB on Financial Stability Issues for Exchange Traded Funds

July 13, 2011

In a paper published in April, the Financial Stability Board examines the recent rapid growth and innovation in the market for Exchange Traded Funds (ETFs), and highlights a number of recent developments that call for attention by regulators, as well as by the ETF industry, including… read more

E&Y Looks at ETF Accounting Considerations

March 28, 2011

In its March 2011 Financial Services Newsletter, E&Y issues the latest in its series on exchange traded funds (ETFs).  In the March publication, E&Y summarizes some general accounting considerations related to ETFs and illustrates by contrasting other types of investment companies.  ETFs are considered investment companies… read more