FYI: Like any good gardener, the US financial regulator has decided that the rapidly expanding exchange traded fund market may need pruning to ensure healthy growth.
Just a couple of months or so before the ETF market had set a new record for global asset gathering — some $372bn for 2015 as a whole — Luis Aguilar, commissioner of the Securities and Exchange Commission, was asking: “Should we consider curtailing the growth of ETFs?”
Regards,
Ted
http://www.ft.com/cms/s/2/b8610080-c365-11e5-808f-8231cd71622e.html#axzz3yvAd5lep
