Post-Crisis Regulations Weigh on Financial ETFs
July 31, 2014 at 08:20 AM EDT
Since the 2008 downturn, new banking regulations are costing the six largest U.S. banks billions of dollars, weighing on financial stocks and sector-related exchange traded funds. The Financial Select Sector SPDR (NYSEArca: XLF) has gained 5.0% year-to-date, whereas the S&P 500 index is up...