The SEC hopes to finish its review by the end of summer and says its goal is to craft a policy that will permit ETFs only limited use of derivatives.

证券交易委员会希望在今年夏天完成这一评估并表示它的目标是设计一种限制ETF基金使用衍生工具的政策。

youdao

It would end up with the very opposite of what the advocates of a high inflation policy hope for.

最终的结果将会与高通胀政策鼓吹者所期望的结果大相径庭。

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Most of the decline in Britain, however, is the result not of a big policy effort but of the “dash for gas”—the move away from coal-fired power stations that followed the end of coal mining.

然而，英国排放量下降的大部分原因不是因为政策奏效，而是“燃料的刺激”，即不再使用采煤业末期出现的燃煤发电站。

youdao

"The Obama administration is in the middle of a missile defense policy review that is not going to be completed until the end of the summer perhaps later,".

VOA: standard.2009.07.15

"The reason the pace of recovery has slowed is not because of the end of the zero interest rate policy, but because of a sudden cooling in the US economy, " Mr Hayami said.

BBC: Zero interest rates back on agenda

On the other risk, a real tightening of monetary policy, Winmill explained that the end of QE2 acted like a tightening of 300 basis points along the middle of the curve.

FORBES: With Gold Set To Peak At $1,700, Miners Like Goldcorp Look Cheap

Soon after the LDP returned to power in December after three years in opposition, the government said it would publish by the end of 2013 a new National Defense Program Guideline, the most basic policy statement that determines the course of the nation's defense strategies for the medium- to long-term, or up to 10 years.

WSJ: Japan's Military Moves Toward Pre-Emptive Strike Capability