Banco Popular de Puerto Rico

Withdrawals have topped $17.2 billion this year as investor money shifts to low-fee products.

A new report asks whether the products have the potential to spark another crisis despite being created at the urging of the SEC to reduce risk.

The $3.7 million fund returned more than 40% in the second quarter, outperforming all domestic non-leveraged ETFs.

The brokerage may pay about $2 billion for the additional advisory clients, according to reports.

Regulators are asking cannabis fund providers to produce third-party legal opinions verifying they don’t violate state or federal laws.

Expense ratios associated with the new products range from 0.05% to 0.07%.

The decision marks a shift for firm, which has largely ridden its equity-fund offerings.

A search for returns in less liquid assets may blur the transparency of real portfolio value.

After hitting the lowest level since January, the fund climbed on Tuesday as the Trump administration made efforts to de-escalate its dispute with China.

“There are too many negatives at this point. What Trump is saying and what the Fed is saying is no longer enough,” an expert says.