BlackRock calls for greater transparency and consistent regulation for ETFs

While it recognises the benefits that the growth of the ETF market has offered to investors - including increased transparency and disclosure - it says that "increasingly complex ETFs and related products have sometimes failed to maintain that standard and have introduced new risks to these products". It proposes five reforms for the ETF market: clear labelling of product structure and investment objectives, frequent and timely disclosure of all holdings and exposures, clear standards for diversifying counterparties and quality of collateral, disclosure of all fees and costs paid and uni...