Hints and tips:
...“[Estimates] are still higher than what I would rationally expect,” said Omar Aguilar, chief executive at Schwab Asset Management....
...A few weeks after more than a fifth of all US-listed ETFs were forced to stop trading on August 24 last year, Luis Aguilar, a former SEC commissioner, posed this question to fellow regulators during a speech...
...The wild price swings prompted Mr Aguilar to pose six more questions about the credibility and suitability of ETFs, including whether the time was right to “re-examine the entire ETF ecosystem”....
...Mr Aguilar added: “Why ETFs proved so fragile that [August] morning raises many questions and suggests it may be time to re-examine the entire ETF ecosystem.”...
...SEC commissioner Luis Aguilar said at the end of last year of the August disruption: “Why ETFs proved so fragile that [August] morning raises many questions and suggests it may be time to re-examine the...
...For many, Mr Aguilar’s main question is easily answered. Yes, they say, the ETF market should be trimmed and the sooner the better....
...Mr Aguilar’s speech, however, suggests it will have concerns about the expansion of the ETF industry, which continues to grow at a breakneck pace....
...“The record shows that is simply not the case,” said Mr Aguilar, who was head of compliance at Invesco, the US fund house, for almost a decade before joining the SEC....
...One of the assistants in Newcastle, Californian Robert Aguilar, said afterwards this audience was “a lot quieter than back at home”....
...Aguilar returns to Bogota and finds that his wife, Agustina, has descended into madness....
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