Debate on ETF regulation continues; FTSE expands index data services

The debate on future regulation of the ETF market has taken another turn and providers are divided on how best to move forward. BlackRock - which owns ETF provider iShares - put out a notice last week, calling for greater transparency and consistent regulation in the global ETF market. Responses have varied. European provider Source has supported BlackRock's call. US ETF provider Russell, meanwhile, has said that the US market is already heavily regulated and it does not need further rules for ETFs. Most of the recent calls for tougher regulation have centred on the European market...