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FYI: Sebastian Ceria is founder and CEO of Axioma, a company that’s one of the leaders in risk modeling and risk management. He will be talking about the many facets of risk in smart-beta ETFs at the upcoming Inside Smart Beta & Active ETFs conference in New York City this week. Here Ceria offers a preview. Regards, Ted http://www.etf.com/sections/features-and-news/identifying-factor-risk-smart-beta-etfs?nopaging=1