Ropes & Gray Dives into ETFs for Focused Podcast Series
The latest installment of Ropes & Gray LLP’s podcast series on ETFs discusses the ongoing impacts of the Russia/Ukraine conflict on ETFs, including questions related to valuation and custody of Russian and Russian-related assets. The podcast delves into Executive Order 14071, issued on April 6, which prohibits “new investment in the Russian Federation by a United States person, wherever located” but notes the Department of the Treasury’s Office of Foreign Assets Control (OFAC) has not provided clarity on the scope of the new investment prohibition. You can listen to this, and additional podcasts in the series here.