[no-title]
Topic: Exchange-Traded Products
September 8, 2017
September 8, 2017
Hosted jointly by the SEC and NYU’s Salomon Center for the Study of Financial Institutions
The Division of Economic and Risk Analysis (DERA) of the U.S. Securities and Exchange Commission and New York University’s Salomon Center are organizing a half-day dialogue on exchange-traded investment products (ETPs). Over the past two decades, the number of U.S.-listed ETPs has increased to nearly 2,000, with assets under management in excess of $2.7 trillion. They currently represent more than 30% of trading volume on securities exchanges. This Dialogue will explore: i) how ETPs affect the efficiency and quality of financial markets; ii) the potential implications for investors who hold ETPs; and iii) where the ETP market is headed.
The Dialogue is intended to bring together practitioners, regulators, and academics to learn, engage, and discuss the state of the current ETP market and exchange ideas on issues related to investor protection and market efficiency.
The Dialogue will be held on September 8, 2017 at the SEC headquarters in Washington, DC, and will be open to the public. Webcasting will also be available. The preliminary program will include:
8:30am | Coffee service |
9:10am | Introduction |
9:15am | Opening Remarks |
9:30am | Session 1: The Effect of ETPs on Financial Markets Moderator: Scott Bauguess, Acting Chief Economist, U.S. SEC
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10:30am | Break |
10:45am | Session 2: Implications for Investors Moderator: Rick Fleming, Office of Investor Advocate, U.S. SEC
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11:45am | Break |
12:00pm | Session 3: The Future of ETPs Moderator: Jason Zweig (WSJ)
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1:00pm | Concluding Remarks, Commissioner Kara Stein |