We wondered about Bloomberg and Axios reports on Salt Financial, an ETF manager that has proposed paying a negative fee to investors (paying investors to hold the ETF). Axios suggest…Read More
The US Securities and Exchange Commission meant well when it mandated that all US closed end and open end mutual funds, and ETFs and Variable Annuities, report their securities lending…Read More
The SEC wants to make sure mutual funds and ETFs are liquid for investors. This isn’t going to be as simple as it sounds.
The SEC has proposed rules to insure liquidity at mutual funds and exchange traded funds (ETFs). This all sounds good, but making it work will be another matter. The press release, dated…Read More
There has been some recent advocacy of using ETFs as collateral. ETFs are a $3 trillion market, on a par with hedge funds. We recently wrote about some efforts by…Read More
There have been a handful of articles recently on ETFs, and in particular on the use of EFTs as collateral. Could ETFs become widely accepted as collateral in securities lending,…Read More
An article in the April 20, 2015 FT “Emerging market ETFs: solving the liquidity problem or storing it up?” by Jonathan Wheatley and Joel Lewin (sorry behind the pay wall)…Read More
An April 5th article in the FT by Stephen Foley, “The alchemy of ETF liquidity is an illusory promise” (sorry, behind the pay wall) was pretty interesting. But the real…Read More