Are Non-Transparent ETFs and ETMFs the “Next Big Things”?

Morgan Lewis attorneys presented this one-hour CLE program discussing non-transparent exchange-traded funds (ETFs) and exchange-traded managed funds (ETMFs).

Topics included:

• An overview and comparison of proposed non-transparent ETF and ETMF models
• A discussion of SEC actions taken on proposals and concerns noted by the SEC
• A discussion of potential operational and trading issues
• Implications for new product development and potential market impact
• Potential implications for a future ETF rule