Americas ETP News
If your looking for specific news, using the search function will narrow down the results
SEC Issues Annual Staff Reports on Credit Rating Agencies
December 28, 2015--The Securities and Exchange Commission today issued its two annual staff reports on credit rating agencies registered as nationally recognized statistical rating organizations (NRSROs).
The reports show that NRSROs have made operational improvements and have enhanced process accountability, controls and governance, and that smaller NRSROs have made competitive inroads in certain rating categories.
view the Annual Report on Nationally Recognized
Statistical Rating Organizations
Source: SEC,gov
Nasdaq to Begin Listing Four Legg Mason Exchange Traded Funds on Tuesday, December 29, 2015
December 28, 2015--Effective Tuesday, December 29, 2015, Nasdaq will list four new ETFs:
Legg Mason Developed EX-US Diversified Core ETF
Legg Mason Emerging Market Diversified Core ETF
Legg Mason US Diversified Core ETF
Legg Mason Low Volatility High Dividend ETF
view more
Source: Nasdaq.com
WisdomTree Launches Dynamic Long/Short U.S. Equity Fund (DYLS) and Dynamic Bearish U.S. Equity Fund (DYB)
New Strategies to Access Smart Alpha Liquid Alternatives in ETF Structure
December 23, 2015--WisdomTree (NASDAQ: WETF), an exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and asset manager, today announced the launch of the WisdomTree Dynamic Long/Short U.S. Equity Fund (DYLS) and WisdomTree Dynamic Bearish U.S. Equity Fund (DYB) on the BATS Exchange.
DYLS offers a stock selection strategy designed to add alpha1 in the core long stock portfolio, while hedging market drawdowns with a dynamic hedge on the market.
view more
Source: WisdomTree
New Year Brings Regulatory Roulette for Advisors, BDs
New rules and new faces add to the uncertainty of which new compliance challenges will take hold in 2016
December 23, 2015--While the expected release in the New Year of the Department of Labor's rule to amend the definition of fiduciary will be top of mind for advisors and broker-dealers, other regulations-as well as new faces at the two regulators that oversee these industries-will add to their compliance challenges in 2016.
A few days before Christmas, staff at the Securities and Exchange Commission released their recommendations on ways the agency should update the accredited investor definition, and the SEC will still be toiling in 2016 on a recommendation to require third-party exams for advisors.
view more
Source: ThinkAdvisor
BATS ETF Marketplace Welcomes Additional MomentumShares ETF
MomentumShares International Quantitative Momentum ETF Began Trading Today
December 23, 2015--BATS Global Markets (BATS), the #1 U.S. market for the trading of exchange-traded funds (ETFs), welcomes the MomentumShares International Quantitative Momentum ETF (BATS: IMOM), which began trading today on BATS Exchange.
The MomentumShares International Quantitative Momentum ETF invests primarily in the exchange-listed common stock of international companies.
view more
Source: BATS Global Markets, Inc.
Alpha Architect Launches MomentumShares International Quantitative Momentum ETF (IMOM)
December 23, 2015--IMOM is a systematic, transparent, and high-conviction momentum strategy focused on international stocks, and complements the recent U.S. equity QMOM offering
Alpha Architect today announced that it has launched its fourth active exchange-traded fund, the MomentumShares International Quantitative Momentum ETF (Ticker: IMOM).
view more
Source: MOMENTUMSHARES
AdvisorShares Active ETF Report: Highs and Lows
Month ending 11.30.2015
December 22, 2015--There were two new funds listed in November, which brings the total number of actively managed ETFs trading to 135. Assets in actively managed ETFs increased by $359 million, or 1.64%, to $22.2 billion.
The largest outflows came from the Alternative category, which decreased by $74 million. Global Bond again led asset growth at the category level with $106 million, which has been the case for past months, and attributable to State Street’s growth.
view more
Source: AdvisorShares
CFTC and Hong Kong Securities and Futures Commission Sign Memorandum of Understanding to Enhance Supervision of Cross-Border Regulated Entities
December 22, 2015--The U.S. Commodity Futures Trading Commission (CFTC) announced that CFTC Chairman Timothy Massad signed a Memorandum of Understanding (MOU) with Hong Kong Securities and Futures Commission (SFC) Chief Executive Officer Ashley Alder regarding cooperation and the exchange of information in the supervision and oversight of regulated entities that
operate on a cross-border basis in the United States and in Hong Kong.
view more
Source: CFTC.gov
Consumer, business spending support U.S. third-quarter growth
December 22, 2015--The U.S. economy grew at a fairly healthy clip in the third quarter as strong consumer and business spending offset efforts by businesses to reduce an inventory glut, underscoring its resilience despite a raft of headwinds.
Gross domestic product grew at a 2.0 percent annual pace, instead of the 2.1 percent rate reported last month, the Commerce Department said in its third estimate on Tuesday
view more
Source: Reuters
SEC exam questions dive deeply into retirement-account advice
Through its queries to financial advisers, the regulator is asserting its presence in an area normally associated with the Labor Department
December 22, 2015--The Securities and Exchange Commission is diving deeply into the retirement-account advice that investment advisers and brokers are giving to their clients, asserting the agency's presence in an area normally associated with the Labor Department.
As part of its examination sweep, the SEC is sending to financial advisers a 13-page information request that includes 75 queries.
view more
Source: investmentnews.com
