Exchange traded funds have gotten some negative publicity lately as investors and the media look for scapegoats to explain market volatility and recent trading scandals.
However, some analysts say the criticism of ETFs is overblown.
“ETFs can’t be culpable for the growing market volatility over the past few years,” writes Benjamin Shepherd for MoneyShow.
He notes recent trading scandals at Goldman Sachs and UBS have involved ETF trades, while European regulators have expressed concerns recently over ETFs. [Transparency Issues]