The press and policymakers focus a great deal of attention on flows to U.S. and European regulated mutual funds and exchange-traded funds (ETFs), in part because these funds are perhaps the most easily observed and readily measured players in capital markets.
Investors in exchange-traded funds (ETFs) are trading shares with each other far more than they are turning to authorized participants to create or redeem shares.
Most ETF Trading Doesn’t Affect Underlying Markets ICI Series to Address Market, Policy Issues Raised by ETFs Washington, DC, September 22, 2014 - Investors seeking to invest in or sell exchange-traded funds (ETFs) overwhelmingly use the secondary market to buy or sell ETF shares...
Better Retirements? Build on the System’s Current Successes By Brian Reid (As published in The Hill’s Congress Blog , September 18, 2014) Providing a secure retirement for America’s workers is a challenge facing us all, as individuals and as a nation. How are we facing that challenge...
The Financial Stability Oversight Council (FSOC), the U.S. Treasury’s Office of Financial Research (OFR), and the Financial Stability Board (FSB) are charged with identifying systemic risks.
Preserving the Unique Role of Asset Management Fourth Annual Malta Conference Paul Schott Stevens President and CEO Investment Company Institute September 18, 2014 St. Julian’s Bay, Malta As prepared for delivery. Thank you, for those kind words of welcome and introduction. I am...
This post is the third in a series that focuses on securities lending by U.S. regulated funds—mutual funds, exchange traded funds (ETFs), and closed-end funds that are registered under the Investment Company Act of 1940.
As the potential risks of securities lending are discussed and debated by the Financial Stability Oversight Council (FSOC), the U.S. Treasury’s Office of Financial Research (OFR), and the Financial Stability Board (FSB), it is important to try to understand both the overall size of...
