A Closer Look at the UBS Rogue Trader and ETFs
October 14, 2011 at 13:44 PM EDT
A $2.3 billion loss that was associated with exchange traded funds at UBS has been a media black eye for the $1 trillion business, but the scandal doesn’t seem to involve a problem specific to ETFs. In September, a UBS “rogue” trader, Kewku Adoboli, exploited a major loophole that caused the...
