| From Investmentnews.com: Executives at BlackRock Inc. and Invesco PowerShares Capital Management LLC are calling on regulators to address suitability requirements for the sale of sophisticated ETFs such as commodities-based and leveraged funds.
Although BlackRock would like to see increased suitability requirements for the sale of these kinds of exchange-traded funds, Invesco Power-Shares hopes that regulators create a separate class of investors who could invest in more-sophisticated products, executives at the firms said..............................................Full Article: Source
|