SEC Actions This Week: Rethinking Index Publishers Jun17

Posted by & filed under Regulatory.

Indexing has been a winning strategy in terms of risk-adjusted and fee-adjusted performance, and it’s become hugely popular with investors. The problem is determining what an index is. The grandaddies of them all are the Standard & Poor’s 500, originally designed to reflect the largest public companies in the US, and the Dow Jones Industrial Average, which was part of an investment theory developed by Charles Dow. Standard and Poor’s used its index to promote its data and rating services, while the Dow Theory helped promote the Wall Street Journal and Barron’s

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