CEO of S&P Dow Jones Indices, Alex Matturri is making some noise about the rules and transparency around ETFs.

Matturri made his views known in an interview with Bloomberg Radio, Bloomberg reported, saying to Bloomberg Radio, "One of the things that we worry about is that people have gotten more lax about the rules around ETFs themselves, that some of the transparency might now be available…The hear is that, if ETFs become less transparent, you don't necessarily know what is going on inside the fund."

Dozens of ETFs' share prices became very discounted in June, attracting further attention to the issue transparency in ETFs, Bloomberg reports. Despite the scare, investors haven't stopped putting money in ETFs, with $27 billion going to American share ETFs in July so far, Bloomberg data shows.

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Edited by: Casey Quinlan


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