ETF Congressional Hearing Testimonies

October 19, 2011

Read testimonies of iShares’ Noel Archard and others at congressional hearing on ETFs.

IndexUniverse is publishing the congressional testimonies of iShares’ Managing Director Noel Archard and three other panelists at a special hearing on ETFs on Oct. 19 examining, among other topics, whether exchanged-traded funds are contributing to volatility and posing risks to the financial system.

The hearing, held by a subcommittee of the Senate Banking Committee, is titled “Market Microstructure: Examination of Exchange-Traded Funds (ETFs).”

The names and affiliations of the panelists, and hyperlinks to each of their testimonies, are below:

  • Noel Archard, managing director at iShares, the world’s biggest ETF firm
  • Harold Bradley, chief investment officer at the Kauffman Foundation, and co-author in the past year of two papers critical of ETFs
  • Eric Noll, an executive at Nasdaq, the second-biggest U.S. exchange, in charge of transaction services
  • Eileen Rominger, director of the Securities and Exchange Commission’s Investment Management division


The meeting is being conducted by Jack Reed (D-RI), and IndexUniverse will provide a live blogging of the proceedings.

Various ETF providers have added their own statements around this panel as well, and hyperlinks to those comments will be added throughout the day.

ProShares Responds to iShares' Testimony (coming soon)



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