Since the first ETP was introduced in 1993, the ETP market has expanded to nearly 2,000 different securities holding more than $2.7trn (£2.09trn, €2.27trn) of assets.
While the first ETPs tracked stock market indices, the market now includes ETPs that track other market indices as well as actively managed ETPs that invest in stocks, bonds, commodities, currencies, futures, options, and other derivative products.
“Exchange-traded products, once novel instruments, now account for nearly one-third of trading volume on US exchanges. It is important that we examine the impact of these products on our markets and main street investors,” said SEC chairman Jay Clayton.
The forum will be held of 8 September at the SEC headquarters in Washington DC and bring together regulators, industry members and academics.
