Broker-Dealers ETF Vulernable After Swiss Shake-Up
January 16, 2015 at 14:11 PM EST
The Swiss National Bank’s sudden monetary policy shift left many foreign exchange brokers in a bind, weighing on broker-dealers-related exchange traded fund. The iShares US Broker-Dealers ETF (NYSEArca: IAI), which tracks U.S. investment banks, discount brokerages and stock exchanges, fell...
