FYI: With the bevy of smart beta exchange-traded funds capturing greater investment dollars in 2017, regulators are not only focusing more on the risk associated with smart beta investments, but urging investors and their investment advisors to do the same.
In fact, the scrutiny of investor fees—and the onus on brokers and advisors to justify and disclose those fees to investors in case there are cheaper alternatives—is leading the regulatory agenda at both Finra and the Securities and Exchange Commission as 2017 draws to a close.
Regards,
Ted
https://www.fa-mag.com/news/finra-warns-smart-beta-etf-investors--focus-on-fees-and-risks-35813.html?print
