Are regulators right to be concerned with ETFs?

Deborah Fuhr, BlackRock global head of ETF research and implementation strategy I strongly support the efforts by the Financial Stability Board, the Bank for International Settlements and the International Monetary Fund to increase understanding of ETFs and exchange-traded products, including notes, partnerships, grantor trusts, commodity pools and other non-fund structures. The move to synthetic ETFs has meant many different models are being offered by various providers. This has changed the understanding and transparency on costs, because the commission and annual financing costs of...