Regulators Want Your Take On New Or Complex ETFs
Regulators want public comments that will "help inform its review of the listing and trading of new, novel, or complex exchange-traded products (ETPs)," the Securities and Exchange Commission said in a news release on Friday. "As new products are developed and their complexity grows, it is critical that we have broad public input to inform our evaluation of how they should be listed, traded, and marketed to investors, especially retail investors," SEC Chair Mary Jo White said in the release. The SEC detailed in a separate document how people can send their comments online or via regular mail. Analysts often have worried about the sheer number of exchange-traded funds as well as overly complex exchange-traded products, as MarketWatch reported last month.
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