Challenges Remain for Financial Services ETFs

Financial services exchange traded funds surged last Friday after President Donald Trump revealed plans to scale back 2010 Dodd-Frank legislation, which increased regulations on banks and financial services companies following the global financial crisis. For example,the Financial Select Sector SPDR (NYSEArca: XLF), the largest financial services ETF, jumped 2%. Other widely followed bank ETFs, including…Click to read more at