Business
3D sits down with Steve Sachs, Managing Director and Head of ETF Capital Markets at Goldman Sachs. Steve shares his views on why he believes ETF capital markets largely functioned the way they were designed to do despite the significant price and liquidity dislocations during the depths of the March bear market. We also debate about the Federal Reserve’s role in providing emergency lending and liquidity support and whether the Fed will be able to extricate themselves without causing major disruptions.