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 Baer outlined that “even if the Rule is delayed, repealed or significantly amended, ETFs are likely to continue to benefit from a number of industry trends that have been going on for years, including the growth of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.”
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.