SEC Chair Gary Gensler directed staff to study the risks of complex exchange-traded products and recommend potential rulemakings to address such risks.
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At a co-sponsored conference held at New York University, SEC Commissioner Michael Piwowar encouraged examination of (i) the effect of exchange-traded investment products on financial markets, (ii) implications for investors and (iii) the future of ETPs.
View notice in full here (links externally to SEC website).