ETFS criticises iShares call to rename ETCs
ETF Securities has criticised iShares' proposals to rename some commodities products, but says that if ETPS are re-labelled, physically backed ETFs that lend securities should be in the same category as swap-backed products
In its due-diligence campaign for the European market, launched on October 17, iShares said exchange-traded commodities (ETCs) that are not physically backed should be rebranded as exchange-traded notes (ETNs).
It reiterated these views a few days later, in its testimony prepared ahead of a US Senate hearing on exchange-traded funds (ETFs).
iShares argues it wants to be clear where there is structural risk in an instrument in addition to market risk.
Towsend Lansing, head of regulatory affairs
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Exchange-traded products
Realising the China opportunity
Webinar: HKEX
One size does not fit all: Smart beta explained
Sponsored feature: WisdomTree Europe
ETF Risk European Rankings 2015: ETF trading platform for institutional investors
Sponsored feature: Tradeweb
ETFs – Transforming the investment landscape in Asia
Sponsored survey analysis: Deutsche Asset & Wealth Management
Flood of oil ETF investors reshaping market, analysts say
'Massive' inflows cushioned oil price drop in early 2015, but could easily reverse
Currency-hedged ETF surge prompts hedging concerns
Eurozone QE programme prompts wave of investor interest
Currency-hedged ETF inflows boom
Investor interest sparks race to construct new products
Shanghai ETF option volatility spikes on China market fears
A crackdown on margin financing strengthens bearish sentiment
