Brian Daly, Director of the Division of Investment Management at the SEC, joined me on
@ETFPrime to offer a brief update on novel ETFs…
Back in June, the SEC requested public comment on ETFs “seeking to invest in innovative asset classes or engage in novel investment strategies.”
This includes products such as prediction market ETFs, crypto ETFs, & leveraged products.
Brian talks about the rapid pace of ETF innovation, the SEC’s role, and what comes next in this process.