BlackRock’s Novick calls for tiered ETF regulation

Vanilla and exotic products should be treated differently, BlackRock co-founder argues

Simple ETFs should receive speedy approval

A co-founder of BlackRock has called for a tiered regulatory regime for exchange-traded funds (ETFs) that discriminates between simple and complex varieties.

Barbara Novick, a vice-chairman at BlackRock, said a custom-made package of rules for ETFs should allow for the speedy approval of plain vanilla products, while a more rigorous approach is reserved for more exotic products.

"The vanilla category could have a ‘speed pass' and we could take everyone's resources and focus them on the riskier

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: