The SEC Doesn’t Want to Be in the Biz of Picking ETF Winners

US Securities and Exchange Commission (SEC) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, April 20, 2026. A rally in oil drove stocks lower as a turbulent weekend in the Middle East cast doubt on prospects for peace talks between the US and Iran before their fragile ceasefire deal expires. Photographer: Michael Nagle/Bloomberg