More transparency rules likely for ETFs

Panellists at the event held at the London Stock Exchange argued against some of the recent criticisms of ETFs but conceded it was likely that more rules would be introduced to increase transparency. ETFs have yet again hit the headlines after UBS lost money after alleged unauthorised trades which may have involved ETFs. But this will not discourage use of ETFs, said Scott Ebner head of global ETF product development at State Street Global Advisors. "The value proposition has not changed." Before the UBS case there was a raft of regulatory examination of ETFs and following that med...