The Weekly Rant with Larry Tabb: Merrill’s Shortsightedness, and Active ETFs on the Rise

Larry Tabb says he’s happy that Merrill Lynch is going after younger, less-affluent clients, but it may be too late – the firm may have missed its opportunity 20 years ago when it fired its less-affluent clients to focus on older money, he notes in his latest weekly rant. In addition, Tabb discusses the impact of the SEC’s decision to approve an actively traded, non-transparent ETF; the new vehicles could pose a significant threat the traditional mutual fund business, he says.

Source: TABB TV

Categories: Derivatives, Equities, Fintech / Crypto, Regulatory

Topics: Asset management, Equity trading, ETFs, Market structure: Exchanges, ATSs, ECNs, Other, Risk management, Trade Process Analysis, Trading volumes, Transaction cost research

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