SEC’s New ETFs Proposal Could Spark Migration To Risky ETNsMani
The Securities and Exchange Commission’s two new pieces of rule-making proposals aimed at trimming risks in exchange-traded funds (ETFs) could have an “unintended consequence” of driving investors into less well-regulated products like exchange-traded notes (ETNs). Eric Balchunas, an exchange-traded fund analyst at Bloomberg, cautions that ETNs involve investors taking on . . .
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