A growing number of thematic ETFs are changing their identities before they even start trading to conform to a decades-old rule that dictates what issuers can and can’t call their strategies.
The advent of tokenization across peer-to-peer networks can make virtually any asset tradable and investable. That’s an existential threat to financial advisors, whose value will increasingly depend on specialized knowledge of a smaller slice of a...
The SEC has opened the door for asset managers to launch non-transparent actively managed ETFs this year. CFRA thinks the funds will be successful in gathering assets, but not at the expense of traditional index-based ETFs.