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What statement about Authorized Participants is TRUE? Authorized Participants use proprietary trading in ETFs to the ETF fund managers dismay Authorized Participants keep bid/ask prices
What statement about Authorized Participants is TRUE? Authorized Participants use proprietary trading in ETFs to the ETF fund managers dismay Authorized Participants keep bid/ask prices down with their specialty traders making markets in specific tickers Authorized Participants transact in public exchange markets to aid in keeping ETF prices close to NAVs using the creation/redemption process of the ETF shares Authorized Participants are approved by the SEC and the U.S. Treasury Department to purchase US Treasury securities with the intent to resell them to investing clients
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