Investment Management Counsel Ed Baer Discusses Disclosure Concerns in the Proposed ETF Rule in Ignites

A Sept. 20 article published by Ignites titled “Proposed ETF Disclosure Changes Could Cost Small Shops Big” reports that the SEC’s June 28 ETF draft rule contains several proposed web disclosure requirements that may be costly for ETF issuers and open their firms to risk. Remarks from investment management counsel Ed Baer are included in the piece. “The proposed rule also seeks to require that ETFs post other types of information on their websites, including portfolio holdings, baskets of securities, daily NAVs and the previous day’s premiums and discounts, Mr. Baer notes in the article, continuing to outline further concerns over certain proposed web disclosure requirements.