Bloomberg Briefs: ETFs Quotes Investment Management Counsel on Impacts for ETFs under Potential Fiduciary Rule Revisions

In The News
February 15, 2017

The Feb. 14 edition of Bloomberg Briefs: ETFs provides reactions from ETF industry experts on President Trump’s executive action ordering a review of the Department of Labor’s fiduciary rule, and the possible impacts these will have on ETFs, quoting investment management counsel (San Francisco). Mr. Baer outlined that “even if the Rule is delayed, repealed or significantly amended, ETFs are likely to continue to benefit from a number of industry trends that have been going on for years, including the growth of low cost index investing and the increasing availability of advice, especially from “robo-advisers”, that make heavy use of ETF model portfolios.”