Editing Exchange-traded fund (section)

===Transparency===
Issuers are required by regulators to publish the composition of their portfolios on their websites daily, or quarterly in the case of active non-transparent ETFs.<ref>{{Cite press release |title=SEC Adopts New Rule to Modernize Regulation of Exchange-Traded Funds |date=September 26, 2019 |publisher=[[U.S. Securities and Exchange Commission]] |url=https://www.sec.gov/news/press-release/2019-190}}</ref><ref>{{Cite web |last=Peirce |first=Hester |author-link=Hester Peirce |date=May 21, 2019 |title=A Quarter Century of Exchange-Traded Fun! |url=https://www.sec.gov/news/speech/speech-peirce-052119 |publisher=[[U.S. Securities and Exchange Commission]]}}</ref><ref>{{Cite news |last=Riquier |first=Andrea |date=January 31, 2020 |title=What is a 'non-transparent' ETF, and why would anyone want to own one? |work=[[MarketWatch]] |url=https://www.marketwatch.com/story/get-ready-for-a-new-flavor-of-etf-non-transparent-2019-11-15}}</ref>

ETFs are priced continuously throughout the trading day and therefore have price transparency.<ref>{{Cite web |date=January 22, 2018 |title=ETF Education: How Transparent Are ETFs? |url=https://www.etf.com/sections/features-and-news/etf-education-how-transparent-are-etfs |publisher=ETF.com}}</ref>