Prediction Market ETFs Face SEC Scrutiny Over Investor Risks

The U.S. Securities and Exchange Commission (SEC) is getting ready to ask the public how it should handle a new wave of exchange-traded funds built on unusual assets, including event contracts. Chair Paul Atkins said in a Wednesday statement that these “novel” ETFs raise fresh questions for regulators, even as the exchange-traded fund market has … Continue reading Prediction Market ETFs Face SEC Scrutiny Over Investor Risks