SEC Chair Gary Gensler directed staff to study the risks of complex exchange-traded products and recommend potential rulemakings to address such risks.
News & Insights
4 News Results
FINRA increased margin requirements for exchange-traded notes and options in order to address the complexity of these products, as well as confirming that exchange-traded notes and options on them are not allowed for portfolio margining.
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).