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Showing posts with label Financial Stability Forum. Show all posts
Showing posts with label Financial Stability Forum. Show all posts

Friday, April 22, 2011

Stability board warns of ETF contagion risk

The Financial Stability Board has warned of the rapid growth and increasing complexity of the exchange traded fund market.

The FSB, made up of the world’s central banks and financial regulators, was created in April 2009 from the Financial Stability Forum after leaders of the G20 countries called for an expanded membership beyond the G7 nations. It published a note last week which warned of a number of “disquieting developments” in the ETF market.