European ETFs 'fortunate' to avoid regulation

The ETF strategist's comments come at the end of a consultation period conducted by the US Commodity Futures Trading Commission (CFTC) into the possibility of implementing position limits in certain futures markets. The proposition has attracted criticism from ETC providers, who argue the regulation is a misguided attempt to prevent commodity price manipulation. ETF Securities head of research and investment strategy Nick Books points out that independent research has consistently shown investors are not key drivers of commodity prices. "It is very easy, though, for politicians to ...