February 6, 2018 / 3:17 AM / 8 months ago

BRIEF-BlackRock Issues Statement On Monday's Market Activity And Trading In Inverse And Leveraged ETPs‍​

Feb 5 (Reuters) - BlackRock Inc:

* STATEMENT ON MONDAY’S MARKET ACTIVITY AND TRADING IN INVERSE AND LEVERAGED EXCHANGE-TRADED PRODUCTS (ETPS)‍​

* BLACKROCK -STRONGLY SUPPORTS REGULATORY CLASSIFICATION SYSTEM THAT WOULD LABEL LEVERED AND INVERSE ETPS DIFFERENTLY THAN PLAIN-VANILLA ETFS

* BLACKROCK -"INVERSE AND LEVERAGED EXCHANGE-TRADED PRODUCTS ARE NOT ETFS, AND THEY DON’T PERFORM LIKE ETFS UNDER STRESS" Further company coverage: ( Bangalore.newsroom@thomsonreuters.com )

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