If your looking for specific news, using the search function will narrow down the results
SEC Enforcement Division Issues Report on Priorities and FY 2017 Results
November 15, 2017--In its ongoing efforts to protect Main Street investors, the Securities and Exchange Commission's Enforcement Division today issued a report highlighting its priorities for the coming year as well as a review of enforcement actions that took place during FY 2017.
In the report, Co-Directors Stephanie Avakian and Steven Peikin stated their overall enforcement approach: "Vigorous enforcement of the federal securities laws is critical to combat wrongdoing, compensate harmed investors, and maintain confidence in the integrity and fairness of our markets."
view more
Source: SEC.gov
Treasury International Capital Data For September
November 15, 2017--The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for September 2017.
The next release, which will report on data for October 2017, is scheduled for December 15, 2017.
The sum total in September of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC outflow of $51.3 billion.
Of this, net foreign private outflows were $17.3 billion, and net foreign official outflows were $34.0 billion.
view more
Source: treasury.gov
CFTC.gov Swaps Report Update
November 15, 2017--CFTC's Weekly Swaps Report has been updated, and is now available.
view more
Source: CFTC.gov
Vanguard's 2017 Prediction: A Record $350 Billion In New Cash
November 15, 2017--Vanguard benefiting from shift away from money managers who specialize in handpicking winners.
Vanguard Group quadrupled in size over the last eight years. It is about to get even bigger.
P>
The money management giant is on pace to collect a record one-year total of about $350 billion in investor cash by the end of 2017, Chief Executive F. William McNabb III said in an interview Wednesday following a shareholder meeting in Scottsdale, Ariz.
view more
Source: Wall Street Journal
S&P, MSCI to blend telecom, media stocks in one sector
November 15, 2017--A stock market index revamp could put the FANG stocks under one roof.
Shares of companies specializing in telecommunications, media and entertainment will be combined into a single sector in a major overhaul of U.S. indexes, including the benchmark S&P 500 .SPX, S&P Dow Jones Indices and MSCI Inc (MSCI.N) said on Wednesday.
view more
Source: Reuters
State Street Enhances ESG Products with New Data and Analytics Offerings
November 15, 2017--New Tools Help Clients Measure Environmental, Social, and Governance Risks, Bring Greater Transparency to Their Portfolios' ESG Profiles
State Street (NYSE:STT) today announced it has enhanced its portfolio of environmental, social and governance (ESG) offerings with the launch of ESGXSM, a new analytics tool designed to provide information to help clients bring transparency and standardization to their ESG investing.
view more
Source: State Street Corporation
Babson Professor Launches Entrepreneur ETF, Touts New "Entrepreneur Factor"
November 15, 2017--Professor Joel Shuman rings the closing bell at the NYC Stock Exchange to celebrate launch
Babson College Professor Joel Shulman has launched an "Entrepreneur 30" Exchange Traded Fund (ETF).
His innovative ETF holds a basket of the 30 largest Entrepreneur-led publicly-traded companies. The ETF was launched by Shulman, a professor at Babson College the No. 1 school for entrepreneurship, at the leading stock exchange (NYSE), on the first day of Global Entrepreneur Week with a newly released Institutional Investor publication.
view more
Source: Babson College
State Street Global Advisors Announces ETF Share Splits
November 15, 2017--State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE: STT), today announced one forward and one reverse share split on two SPDR(R) ETFs. The aggregate market value of shares outstanding is not impacted for either fund.
Forward Share Split
The forward share split will decrease the price per share of the SPDR S&P(R)Insurance ETF (KIE) with a proportionate increase in the number of shares outstanding...
view more
Source: State Street Global Advisors
Direxion Launches 3X Leveraged ETF on Pharmaceuticals
New ETF Provides 300% Exposure to Dynamic Pharmaceutical Intellidex Index
November 15, 2017--Direxion has launched the Direxion Daily Pharmaceutical Bull 3X Shares (Ticker: PILL).
The Fund seeks to achieve 300% of the daily performance of the Dynamic Pharmaceutical Intellidex Index. The index provides exposure to 30 U.S pharmaceutical companies principally engaged in the research, development, manufacture, sale or distribution of pharmaceuticals and drugs of all types.
view more
Source: Direxion
S&P Dow Jones Indices and MSCI Announce Revisions to the Global Industry Classification Standard (GICS (R)) Structure in 2018
November 15, 2017--S&P Dow Jones Indices, a leading provider of financial market indices, and MSCI Inc., a leading provider of research-based indexes and analytics, announced today that as a result of their annual review of the Global Industry Classification Standard (GICS(R)) structure, the Telecommunication Services Sector is being broadened and renamed as Communication Services to include companies that facilitate communication and offer related content and information through various media.
The renamed Sector will include the existing telecommunication companies, as well as companies selected from the Consumer Discretionary Sector currently classified under the Media Industry Group and the Internet & Direct Marketing Retail Sub-Industry, along with select companies currently classified in the Information Technology Sector.
view more
Source: MSCI