Funds overstated performance, used investors' money to pay distributions
Plus, multiple other firms launch funds, announce fund changes
Transfers to dealers began this week, distributions to investors to follow
Also, the highest single-day and weekly trading volumes in Canadian ETF history were recorded in the month
Industry group calls on SEC to ease constraints
Authorities alleged that private fund duped investors
Europe records first ever outflows, U.S. continues to lead pullback
Regulators find certain funds are highly leveraged and complex
Trade turmoil, policy uncertainty intensifying stability risks
ETFs, however, fared better than mutual funds thanks to strong net inflows