POWERSHARES QQQ TRUST SENIOR 1 ETF (QQQQ) 43.44 -$0.22 (-0.50%) 07:18PM (15 mins delay)

More ETF Regulation Is Not the Answer

Jun 16, 2009 - 6:25 AM EDT

Michael Johnston submits:

In the week during which the Obama administration will unveil details surrounding its plan to revamp the regulation of the U.S. financial sector, calls for increased oversight of the ETF industry are picking up steam as well. Scott Burns, director of ETF Analysis at Morningstar, recently laid out a case for increased regulatory requirements for ETFs that use derivatives to achieve their objectives.

But I'm not quite convinced that more regulation is the answer.

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Source: Seeking Alpha (Jun 16, 2009 - 6:25 AM EDT)