Over-the-counter brings you news and views of what's going on in the ETF market.
BlackRock filed with the US Securities and Exchange Commission last week to use proprietary indices for its iShares ETFs, rather than those developed by third-party index providers. It is a move which has sparked much commentary in the press and among some bloggers. Some have speculated that this move is a result of iShares losing market share to other large US ETF firms. Others have criticised the move, saying that it increases conflicts of interest within the business. The Financial Stability Board noted conflicts of interest within the ETF market as a potential area of concern in i...
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