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New bill would give safe harbor to ETF research reports

A new bill would make it easier for brokerage firms to avoid lawsuits over not providing accurate ETF info.

By Marlene Y. Satter | Updated on March 17, 2017
A new bill could 'shield significant conflicts of interest in the ETF world from a host of lawsuits,' a report says. (Photo: Getty)

There could be more trouble coming down the pike for would-be retirees; a new bill is making its way through Congress that would make it easier for brokerage firms to avoid lawsuits for failing to include important information or present facts correctly when issuing reports on exchange-traded funds.

According to a Huffington Post report, although that protection already exists for stocks, the bill—H.R.910/S.327, the Fair Access to Investment Research Act of 2017—would extend that protection to reports on ETFs.

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