CEO DATELINE - The daily roundup of news important to associations - Nov. 21, 2013
- November 21, 2013 |
- CEO Update
EFT association is no more After only a year, the National Exchange Traded Fund Association has closed up shop for what its founders said was a lack of demand, according to Barron's magazine. NETFA was formed last year to provide industry statistics and commentary on ETF related issues to the U.S. financial media, as well as advance industry issues with regulators, government agencies and interested third parties. NETFA Vice Chairman Adam Patti told Barron's the organization may re-launch next year. "But he added that the lack of commitment from more than a handful of the 50 or so ETF companies in the U.S., coupled with a lack of adequate financing from the ETF makers who… Read More