Investors challenge SEC proposal to label ETFs “novel”
Market participants raised concerns about the U.S. SEC proposal to label a broad swathe of exchange-traded funds as “novel ETFs,”
By Suzanne McGeeMarket participants raised concerns over the U.S.
Securities and Exchange Commission's proposal to label a broad swathe of exchange-traded funds as "novel ETFs," according to a Reuters review of letters filed with the Wall Street regulator by asset managers, exchanges, brokerage fir…