"Unreasonably Feeble"-continued

Opening Statement of Commissioner Scott D. O'Malia Regarding Open Meeting on One Final Rule and One Proposed Rule1
February 23, 2012--Introduction
The latest issue of The Economist features an article titled "Over-regulated America"2 that features as its archetype for excessive and badly-written regulation our own Dodd-Frank Act.
The problem, the article points out, is that rules that sound reasonable on their own may impose a huge collective burden due, in part, to their complexity. Part of the problem is that we, as The Economist points out, are under the impression that we can anticipate and regulate for every eventuality. In our hubris, The Economist warns, our overreaching tends to defeat our good intentions and creates loopholes and perhaps unintentional safe-harbors, leaving our rules ineffectual and subject to abuse. The solution The Economist offers isn’t so unfamiliar, at least to this Commissioner. It is rather simple. It is just that: Rules need to be simple. Echoing President Obama’s 2011 Executive Order 13563 “Improving Regulation and Regulatory Review”3 (which applies equally to independent federal agencies such as the Commodity Futures Trading Commission (the “Commission” or “CFTC”) per a subsequent Executive Order4), The Economist advises that we ought to cut out the verbiage and focus on writing rules that articulate broad goals and prescribe only what is strictly necessary to achieve them.

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Source: CFTC.gov


American ETP News
ETF Series Solutions files with the SEC
July 24, 2015-ETF Series Solutions has filed a post-effective amendment, registration statement with the SEC for the AlphaClone Alternative Alpha ETF.
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Fed Accidentally Released Confidential Staff Projections
June 24, 2015--The Federal Reserve said it inadvertently released staff projections for interest rates and the economy late last month, renewing doubts about its measures to protect confidential information.
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PowerShares files with the SEC
July 24, 2015--PowerShares has filed a post-effective amendment, registration statement with the SEC PowerShares Russell 1000 Low Beta Equal Weight Portfolio.
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First Trust files with the SEC
July 24, 2015--First Trust has filed a post-effective amendment, registration statement with the SEC for the First Trust Indxx Global Natural Resources Income ETF (formerly known as First Trust ISE Global Copper Index Fund) and First Trust Indxx Global Agriculture ETF (formerly known as First Trust ISE Global Platinum Index Fund).
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CSOP files with the SEC
July 24, 2015--CSOP has filed a post-effective amendment, registration statement with the SEC for the CSOP MSCI China A International Hedged ETF.
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SEC Filing-SELECT SECTOR SPDR(R) TRUST
July 24, 2015--SELECT SECTOR SPDR(R) TRUST has filed a post-effective amendment, registration statement with the SEC for the
The Financial Services Select Sector SPDR® Fund (XLFS)
The Real Estate Select Sector SPDR® Fund (XLRE)
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ETF Series Solutions files with the SEC
July 24, 2015--ETF Series Solutions has filed a post-effective amendment, registration statement with the SEC for the
AlphaClone Small Cap ETF
AlphaClone International ETF
AlphaClone Activist ETF
AlphaClone Value ETF.
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ProShares files with the SEC
July 24, 2015--ProShares has filed a post-effective amendment, registration statement with SEC. This post-effective amendment relates only to ProShares Managed Futures Strategy ETF.
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First Trust files with the SEC
July 24, 2015--First Trust has filed a post-effective amendment, registration statement with the SEC for the First Trust Hedged Eurozone AlphaDEX(R) ETF and First Trust Hedged Japan AlphaDEX(R) ETF.
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BMO files with the SEC
July 24, 2015--BMO has filed 2 application for exemptive relief with the SEC.
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iShares files with the SEC
July 24, 2015--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares Core S&P 500 ETF.
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Direxion files with the SEC
July 23, 2015--Direxion has filed a post-effective amendment, registration statement with the SEC.
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Puerto Rico Power Company Rejects Bondholders' Debt Plan
July 23, 2015--Puerto Rico's power company on Thursday rejected a new proposal from bondholders that calls for an $8.1 billion debt exchange amid growing concerns the public agency could be the first one in the U.S. territory to go bankrupt.
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DBX files with the SEC
July 22, 2015--DBX has filed a post-effective amendment, registration statement with the SEC.
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Virtus files with the SEC
July 21, 2015--Virtus has filed a registration statement with the SEC for the Virtus Newfleet Multi-Sector Unconstrained Bond ETF.
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Alps files with the SEC
July 21, 2015--Alps has filed a application for exemptive relief with the SEC-exchange-traded managed funds (ETMFs).
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Ivy NextShares files with the SEC
July 21, 2015--Ivy NextShares has filed a application for exemptive relief with the SEC-exchange-traded managed funds (ETMFs).
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iShares files with the SEC
July 20, 2015--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares Currency Hedged Global ex USD High Yield Bond ETF.
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First Trust files with the SEC
July 20, 2015--First Trust has filed a post-effective amendment, registration statement with the SEC.
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iShares files with the SEC
July 17, 2015--iShares has filed a post-effective amendment, registration statement with the SEC.
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DBX files with the SEC
July 17, 2015--DBX has filed a post-effective amendment, registration statement with the SEC for the
Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF
Deutsche X-trackers MSCI EAFE High Dividend Yield Hedged Equity ETF
Deutsche X-trackers MSCI Emerging Markets High Dividend Yield Hedged Equity ETF
Deutsche X-trackers MSCI Eurozone High Dividend Yield Hedged Equity ETF
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Compass files with the SEC
July 17, 2015--Compass has filed a post-effective amendment, registration statement with the SEC.
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BlackRock Isn't 'Dangerous' And ETF Liquidity Isn't Free
July 16, 2015--Carl Icahn on Wednesday joined the ranks of famous investors warning about exchange-traded funds
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Treasury International Capital Data for May
July 16, 2015--The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2015. The next release, which will report on data for June 2015, is scheduled for August 17, 2015.
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ISE ETF Ventures Launches Two New Indexes
PUREFUNDS(R) ETFs BASED ON INDEXES TO BEGIN TRADING TODAY July 16, 2015--ISE ETF Ventures today announced the launch of the ISE Mobile Payments(TM) Index (index ticker: IPY) and the ISE Big Data(TM) Index (index ticker: BGD).
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WisdomTree files with the SEC- WisdomTree Weak Dollar U.S. Equity Fund
July 16, 2015--Wisdom Tree has filed a post-effective amendment, registration statement with the SEC for the
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WisdomTree files with the SEC-WisdomTree Strong Dollar U.S. Equity Fund
July 16, 2015--WisdomTree has filed a post-effective amendment, registration statement with the SEC for the WisdomTree Strong Dollar U.S. Equity Fund.
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Global X files with the SEC
July 16, 2015--Global X has filed a post-effective amendment, registration statement with the SEC. This filing relates solely to the following series of the Registrant: Global X SuperDividend(R) Alternatives ETF.
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Schwab files with the SEC
July 16, 2015--Schwab has filed a post-effective amendment, registration statement with the SEC.
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TRLPC: Electronic messaging system for loan market set to be released
July 15, 2015--A final standard for an electronic messaging system that seeks to eliminate the use of faxes in the $840 billion U.S. leveraged loan market may be released as early as this week.
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Convergex To Launch New ETF Direct Platform
July 15, 2015--Convergex, an agency-focused global brokerage and trading related services provider, today announced its plans to launch a new agency-only ETF quote-sourcing platform, ETF DirectSM.
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Bond Swings Studied Enough; Time for Rules, SEC Official Says
July 15, 2015--The feverish price swing for Treasuries last October, and repeated warnings from investors that there are liquidity problems in the U.S. bond market elicited a cautious plan from regulators this week: more study.
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Bank of Canada-Monetary Policy Report-July 2015
July 15, 2015--Economic growth in Canada is projected to average just over 1 per cent in 2015 and about 2 1/2 per cent in 2016 and 2017.
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Principal files with the SEC
July 15, 2015--The Principal Financial Group has filed a post-effective amendment, registration statement with the SEC. This filing relates to the Registrant's prospectus dated July 8, 2015 for shares of Principal EDGE Active Income ETF.
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Herd Mentality in U.S. Stocks Is Making for Wilder Rides in VIX
July 14, 2015--Big moves in U.S. stocks have been so rare lately that when they do happen, the rush to hedge is violent.
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U.S. lawmaker cites delays, Labor Dept interference, in request to SEC
July 14, 2015--A Republican senator is accusing the U.S. Securities and Exchange Commission of failing to release records that he says are crucial to understanding how a controversial plan to tighten conflict-of-interest rules at Wall Street brokerages was drafted.
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Shark Tank's Kevin O'Leary Launches an ETF: OUSA
O'Shares Investments, Formed by Kevin O'Leary, Partners with FTSE Russell, Creates a Family of ETFs, and Launches "OUSA" on NYSE Arca
July 14, 2015--O'Shares Investments (O'Shares) announced today the launch of O'Shares FTSE US Quality Dividend ETF (NYSE/Arca: OUSA), the first in a series of five smart beta index-based exchange traded funds, or ETFs, partnering with FTSE Russell, leaders in factor-based or smart beta investment strategies.
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First Trust Switches 10 AlphaDEX(R) ETFs to The Nasdaq Stock Market
July 14, 2015--Nasdaq today announced that First Trust will transfer the 10 AlphaDEX(R) exchange traded-funds (ETFs) from NYSE Arca to be listed on The Nasdaq Stock Market(R) on or about Tuesday, July 14, 2015.
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Nasdaq Lists The Global X SuperDividend(R) Alternatives ETF
One Stop Alternative Income Solution Offers Investors High Income Potential and Lower Volatility
July 14, 2015--Nasdaq announced that Global X Funds will list a new exchange-traded fund (ETF), the Global X SuperDividend(R) Alternatives ETF (Symbol: ALTY), which will begin trading on The Nasdaq Stock Market Tuesday, July 14, 2015.
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First Trust files with the SEC
July 14, 2015--Furst Trust has filed a post-effective amendment, registration statement with the SEC.
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IndexIQ files with the SEC
July 14, 2015--IndexIQ has filed a post-effective amendment, registration statement with the SEC.
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Release of Joint Staff Report on October 15,2014
July 13, 2015--Staff from the U.S. Department of Treasury, the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York. the U.S. Securities and Exchange Commission, and the U.S. Commodity Futures Trading Commission today issued a joint report analyzing the significant volatility in the U.S. Treasury market on October 15, 2014.
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KBW and Nasdaq Launch Global Bank Index
KBW Nasdaq Global Bank Index (GBKX) is the first and only index designed to track the performance of global systematically important banks
GBKX is the first joint index launched since the companies announced their partnership in April
July 13, 2015--Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), and Nasdaq (NASDAQ:NDAQ), today announced the launch of the KBW Nasdaq Global Bank Index (Ticker: GBKX), the first and only index designed to track the performance of those banks designated as global systemically important (G-SIBs) by the Financial Stability Board and Basel Committee on Banking Supervision.
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Greece and China Battle for Most Dangerous ETF
Who will win? Pop a Dramamine and check out this chart
July 13, 2015--The collapse of Chinese stocks in the past month does indeed eclipse Greece's market turmoil.
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John Hancock Investments selects Dimensional Fund Advisors to manage suite of multifactor ETFs
July 13, 2015--In a registration statement filed today with the U.S. Securities and Exchange Commission, John Hancock Investments disclosed that Dimensional Fund Advisors LP (Dimensional) was selected to manage six John Hancock multifactor exchange-traded funds (ETFs), leveraging Dimensional's long record of applying insight from academic research into a systematic investment process across asset classes.
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Gavekal Capital Launches Gavekal Knowledge Leaders ETFs
Strategic Beta ETFs Offer Investors Exposure to Excess Returns of Highly Innovative Companies in the Developed and Emerging Markets
July 13, 2015--Gavekal Capital today announced the launch of two strategic beta ETFs offering investors exposure to the excess returns of companies Gavekal identifies as the world's most highly innovative
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State Street files with the SEC-SPDR S&P 500 High Dividend ETF
July 13, 2015--State Street has filed a post-effective amendment, registration statement with the SEC for the SPDR S&P 500 High Dividend ETF.
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John Hancock files with the SEC
July 13, 2015--John Hancock has filed a pre-effective amendment, registration statement with the SEC for the John Hancock Multifactor Large Cap ETF.
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State Street files with the SEC
July 13, 2015--State Street has filed a application for exemptive relief with the SEC.
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Regulators Tie High-Speed Trading to Treasury Volatility
July 12, 2015--U.S. officials have concluded that high-frequency trading contributed to the Treasury market's wild ride last October, a finding that will probably add to regulatory scrutiny of the industry.
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COLUMN-Banking regulators heighten financial market risk
June 12, 2015--During the 2008 financial crisis, the authors of this editorial were in unique positions to observe the near-collapse of our financial system.
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NYSE Outage Shows a Need for Plan B
The last 15 minutes of the trading are crucial
July 10, 2015--U.S. regulators called on top exchange officials two years ago to strengthen the plumbing that underpins the stock market after a series of trading disruptions.
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Van Eck files with the SEC
July 10, 2015--Van Eck has filed a post-effective amendmemt, registration statement with the SEC. This filing relates solely to the Market Vectors Saudi Arabia ETF.
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FactorShares files with the SEC
July 10, 2015--FactorShares has filed a pots-effective amendment, registration statement with the SEC for the
PureFunds ISE Big Data ETF
PureFunds ISE Mobile Payments ETF
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Direxion files with the SEC
July 10, 2015--Direxion has filed a post-effective amendment, registration statement with the SEC.
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SEC should make all money funds float shares, IMF says
July 10, 2015--The US Securities and Exchange Commission should extend its new floating-value rule to all money market funds rather than limiting it
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First Asset's CanBanc Income Corp. to Convert to an ETF
July 10, 2015--First Asset Investment Management Inc. announces that the shareholders of CanBanc Income Corp. (the "Fund") (TSX: CIC.UN) approved the elimination of the Fund's fixed termination date and the conversion of the Fund into an exchange-traded fund ("ETF").
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OFR Private Fund Data Shed Light on Liquidity Funds
July 9, 2015-This brief analyzes for the first time a new confidential dataset collected by the Securities and Exchange Commission (SEC), the Form PF filings of liquidity funds.2
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Principal EDGE Active Income ETF Seeks Current Income with Proven Multi-Asset Class Approach
July 9, 2015--The Principal Financial Group(R) today listed its first exchange-traded fund (ETF) on the NYSE Arca. The Principal EDGE Active Income ETF (ticker: YLD) is subadvised by EDGE Asset Management,
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NYSE shut down for nearly four hours by technical glitch
June 9, 2015--The New York Stock Exchange was forced to suspend trading for several hours on Wednesday in the biggest outage to hit a U.S. financial market in nearly two years, unnerving investors already rattled by the meltdown in Chinese stocks and the Greek debt crisis.
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Short Sales Are at Their Highest Level Since the Financial Crisis
July 9, 2015--U.S. equity bears, mired in the longest streak of losses in 25 years, are getting bolder.
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Investors Elbow Past Dealers to Grab Treasuries at U.S. Auctions
Government sells $58 billion of notes and bonds
June 9, 2015--Investors are crowding out Wall Street's biggest bond dealers, making it easier for the Treasury Department to finance the federal government's debt.
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Recon files with the SEC
July 9, 2015--Recon Capital has filed a post-effective amendment, registration statement with the SEC for the Recon Capital Currency Hedged DAX Germany ETF.
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First Trust files with the SEC
July 9, 2015--First Trust has filed a post-effective amendment, registration statement with the SEC.
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Van Eck files with the SEC
July 9, 2015--Van Eck has filed a post-effective amendment, registration statement with the SEC for the Market Vectors Morningstar International Moat ETF.
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F-Squared files for bankruptcy
Firm struggled to get back on its feet after a settlement with regulators over bogus performance claims
July 8, 2015--F-Squared Investments Inc. filed for bankruptcy protection Wednesday and arranged for its investment strategies to be managed by a new firm, capping the rise-and-fall story of an exchange-traded fund manager once popular with financial advisers.
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New York BitLicense Regulations Virtually Certain to Significantly Impact Transactions in Virtual Currencies
July 8, 2015---Advisory
The New York State Department of Financial Services (NYDFS) recently issued its final BitLicense regulations with respect to Bitcoin and other virtual currencies.
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ProShares files with the SEC
July 8, 2015--ProShares has filed a post-effective amendment, registration statement with the SEC.
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Global X files with the SEC
July 8, 2015--Global X has filed a post-effective amendment, registration statement with the SEC for the Global X SuperDividend(R) Alternatives ETF.
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Alps files with the SEC
July 8, 2015--Alps has filed a post-effective amendment, registration statement with the SEC.
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Alps files with the SEC
July 8, 2015--Alps has filed a post-effective amendment, registration statement with the SEC.
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CBO-Monthly Budget Review for June 2015
July 8, 2015--The federal government ran a budget deficit of $314 billion for the first nine months of fiscal year 2015, CBO estimates.
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Minutes of the Federal Open Market Committee, June 16-17, 2015
July 8, 2015--A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, June 16, 2015, at 1:00 p.m. and continued on Wednesday, June 17, 2015, at 9:00 a.m.
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Minutes of the Federal Open Market Committee, June 16-17, 2015
July 8, 2015--A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, June 16, 2015, at 1:00 p.m. and continued on Wednesday, June 17, 2015, at 9:00 a.m.
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New pressure on city as Wall Street jobs sail away
New Jersey is offering a bucketful of tax breaks if JPMorgan Chase will move jobs across the Hudson. It's a movie we've all seen many, many times.
July 8, 2015--Twenty years ago, if you wanted to work on Wall Street, odds are you ended up in Manhattan.
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In Day's Second Big Computer Glitch, NYSE Halts Trading
July 8, 2015--It's a heckuva day for IT professionals. At around 11:30 am today, trading on the New York Stock Exchange came to an abrupt halt,
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Forensic Accounting ETF To List On NASDAQ
July 8, 2015--The Forensic Accounting ETF (NYSE Arca: FLAG) announced today that it has filed an application to list its common stock on the NASDAQ.
read more
Compass EMP Lists Three New Exchange-Traded Funds on The Nasdaq Stock Market
July 8, 2015--Alternative Approach Combining Fundamental Criteria With Broad Market Volatility Weighting of Individual Securities
July 8, 2015--Nasdaq (Nasdaq:NDAQ) announced today that Compass EMP, a Victory Capital investment franchise, will list three new exchange-traded funds (ETFs), Compass EMP US Small Cap 500 Volatility Weighted Index ETF (Symbol: CSA),
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ALPS Adds Sprott Gold Miners ETF to Schwab ETF OneSource Program
July 7, 2015--ALPS, a DST Company announced that the Sprott Gold Miners Exchange-Traded Fund (ETF) SGDM, is available on Schwab ETF OneSource(TM)-the program that provides investors and advisors with access to the most commission-free ETFs1 in the industry.
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IMF Country Report-United States: Selected Issues
July 7, 2015--HOUSING FINANCE
While a number of important steps have been taken to address the structural weaknesses exposed by the crisis in mortgage markets, comprehensive housing finance reform remains the largest piece of unfinished business.
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CBO-H.R. 2354, Streamlining Excessive and Costly Regulations Review Act
July 7, 2015--H.R. 2354 would require the Securities and Exchange Commission (SEC) to review its regulations every five years to determine whether they are outmoded, ineffective, or excessively burdensome.
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Warren, McCain introduce bill to bring back Glass-Steagall
July 7, 2015--Sens. Elizabeth Warren (D-Mass.) and John McCain (R-Ariz.) are reintroducing legislation to revive the Glass-Steagall Act, which would force big banks to split their investment and commercial banking practices.
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Delayed reporting seen boosting U.S. bond liquidity
July 7, 2015--Relaxing the required reporting time for bond trades might help restore some of the liquidity that the $8 trillion U.S. corporate debt market has lost, dealers and large investors said.
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Delayed reporting seen boosting U.S. bond liquidity
July 7, 2015--Relaxing the required reporting time for bond trades might help restore some of the liquidity that the $8 trillion U.S. corporate debt market has lost, dealers and large investors said.
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Nasdaq-Biotech: The Growth Story Continues
July 7, 2015--Sparked by a more favorable regulatory environment, new cutting-edge technology, and a fresh infusion of IPO and venture capital, the Nasdaq Biotechnology Index has experienced tremendous recent growth and looks poised to continue that trend.
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Compass files with the SEC
July 7, 2015--Compass has filed a post-effective amendment, registration statement with the SEC.
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First Trust Nasdaq CEA Cybersecurity ETF Launches on The Nasdaq Stock Market
New ETF Tracks the Nasdaq CEA Cybersecurity Index(SM)
Nasdaq (Nasdaq:NDAQ) announced today that First Trust will list one new exchange-traded fund (ETF)- the First Trust Nasdaq CEA Cybersecurity ETF (Symbol:CIBR), today, July 7, 2015 on The Nasdaq Stock Market(R).
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A Bitcoin Fund Is Born, With Teething Pains
An ETF-type investment, full of risks, is struggling for acceptance
July 6, 2015--If you have an online brokerage account, you can now buy shares in a fund that aims to track the price of the digital currency called bitcoin. Just don't expect a smooth ride.
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Second Cyber-Security ETF to Launch Tuesday
July 6, 2015--A second cyber-security exchange-traded fund will hit the market tomorrow, just as the sector is hitting a major bout of turbulence.
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New York Stock Exchange Remains Global Leader in Capital Raising in First Half of 2015; Leader in Tech IPOs, REITs and ETP Listings
July 6, 2015--The New York Stock Exchange, part of the Intercontinental Exchange (NYSE:ICE) global network of exchanges, remained the leading exchange globally for capital raising in the first half of 2015,
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CBOE Futures Exchange To List VIX 'Weeklys' Futures July 23
July 6, 2015--CBOE Futures Exchange, LLC (CFE (R)) today announced that it plans to list futures with weekly expirations on the CBOE Volatility Index(R)(VIX (R) Index) beginning Thursday, July 23, 2015 subject to regulatory review.
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ETF Series Solutions files with the SEC
July 6, 2015--ETF Series Solutions has filed a post-effective amendment, registration statement with the SEC for the Loncar Cancer Immunotherapy ETF.
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Questions Linger Even as Brokers Shed More Light on Stock Trades
July 6, 2015--Does your retail brokerage do a good job completing trades in the U.S. stock market?
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CME Group Volume Averaged 14.6 Million Contracts Per Day In June 2015, Up 15 Percent From June 2014
Includes Monthly Records In Agricultural Commodities And Weekly Treasury Options
July 2, 2015-- Agricultural commodities average daily volume rose 48 percent
Foreign exchange (FX) average daily volume rose 29 percent
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DBX files with the SEC
July 2, 2015--DBX has filed a post-effective amendment, registration statement for the Deutsche X-trackers MSCI Latin America Pacific Alliance ETF.
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iShares files with the SEC
July 2, 2015--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares Currency Hedged JPX-Nikkei 400 ETF.
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First Trust files with the SEC
July 2, 2015--First Trust has filed a post-effective amendment, registration statement with the SEC for the First Trust NASDAQ CEA Cybersecurity ETF.
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First Trust files with the SEC
July 2, 2015--First Trust has filed a post-effective amendment, registration statement with the SEC for the First Trust NASDAQ CEA Cybersecurity ETF.
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ETF Managers Group files with the SEC
July 2, 2015--ETF Managers Group has filed a application for exemptive relief with the SEC.
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Principal to license Eaton Vance's NextShares
July 2, 2015--Principal Financial is lining up to launch Eaton Vance's NextShares exchange traded managed funds, even as it nears-listing its first actively managed exchange traded fund.
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Analysis: Strong dollar knocks off $1 trillion from U.S. pension assets
July 2, 2015--The surging dollar looks to have wiped out about $1 trillion in U.S. pension fund assets over a recent nine-month period, eroding much of the gains those funds earned investing in overseas stock markets.
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BNY Mellon ADR Index Monthly Performance Update-June 2015
July 2, 2015--The BNY Mellon ADR Index Monthly Performance Update-May 2015 is now available.
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ETF Research Center-Sector SPDR Analyzer + Equal Sector Weight ETF-July 2015
July 2, 2015--The monthly update on each of the nine Select Sector SPDRs plus the ALPS Equal Sector Weight ETF is now available.
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BlackRock Announces Benchmark Changes to Four iShares ETFs
July 2, 2015--BlackRock, Inc. (NYSE:BLK) plans to make benchmark-and in some cases name-changes to four iShares ETFs based on an ongoing process to review its product lineup and ensure it meets the evolving needs of its clients.
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AdvisorShares Weekly Market Update-This Week in Active ETFs: Debt & Emotions
July 2, 2015--For the week of June 22-June 26
July 2, 2015--Greece Digs In
Macro
News of whether there would be a big default in Europe continued to hang over markets as questions mount over whether or not Ukraine would be able to make their next interest payment which is due July 24th.
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Principal Funds files with the SEC
July 1, 2015--Principal Funds has filed a application for exemptive relief with the SEC.
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ETF Managers Group files with the SEC
July 1, 2015--ETF Managers Group has filed a application for exemptive relief with the SEC-FactorShares.
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CBOE Holdings Reports June 2015 Trading Volume
July 1, 2015--Total Volume of 99.2 Million Contracts Up 16% From May, Down 1% From Year Ago

ADV of 4.5 Million Contracts, Up 6% From May, Down 5% From Year Ago

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Federal Reserve Board releases first determination of the aggregate consolidated liabilities of all financial companies in accordance with section 622 of the Dodd-Frank Act
July 1, 2015--The Federal Reserve Board on Wednesday released its first determination of the aggregate consolidated liabilities of all financial companies in accordance with section 622 of the Dodd-Frank Act,
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CFTC Swaps Report Update
July 1, 2015--CFTC's Weekly Swaps Report has been updated, and is now available.
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Direxion Value Line(R)Small-and Mid-Cap High Dividend ETF Added to Schwab ETF OneSource(TM)
Strategic Beta ETF using Value Line's Ratings and Ranks to Identify High-Dividend-Yielding Stocks Now Available Commission Free
July 1, 2015--Direxion Investments announced today that the Direxion Value Line(R) Small-and Mid-Cap High Dividend ETF (Ticker: VLSM) is the sixth of its Strategic Beta ETFs now available through Schwab ETF OneSource(TM), Charles Schwab & Co.'s commission-free* ETF program.
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ISE Holdings Reports Business Activity for June 2015
July 1, 2015--ISE and ISE Gemini combined represent 17.8% of equity options market share, excluding dividend trades.
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ALPS Adds Two More Equal Sector Weighted Strategies to ETF Lineup
New Asset Management Solutions Provide Investment Diversification across Style and Sector
July 1, 2015--ALPS, a DST Company focused on asset management and asset servicing, today announced the addition of two new equal sector ETF strategies to its growing lineup of exchange traded funds.
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First Trust files with the SEC
June 30, 2015--ProShares has filed a post-effective amendment, registration statement with the SEC for the First Trust NASDAQ(R) CEA Cybersecurity ETF.
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Good Hill files with the SEC-Actively-mamaged ETFs
June 30, 2015--Good Hill has filed a application for exemptive relief with the SEC-actively-managed ETFs.
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Good Hill files with the SEC-2 filings
June 30, 2015--Good Hill has filed a application for exemptive relief with the SEC.
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Pioneer files with the SEC
June 30, 2015--Pioneer has filed a application for exemptive relief with the SEC-Pioneer ETMF Series Trust I.
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Amplify Investments files with the SEC
June 30, 2015--Amplify Investments has filed a amendment no.1 to a amended application for exemptive relief with the SEC.
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ProShares files with the SEC-ProShares Hedged FTSE Europe ETF
June 30, 2015--ProShares has filed a post-effective amendment, registration statement with the SEC for the ProShares Hedged FTSE Europe ETF.
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ProShares files with the SEC
June 30, 2015--ProShares has filed a post-effective amendment, registration statement with the SEC.
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SEC's panel still at a loss over how to fix 'broken market'
June 30, 2015--Equity markets are "broken," a "complete mess," or maybe even "rigged." Luis Aguilar, a commissioner on the Securities and Exchange Commission, was quoting others when he used those words in remarks to the inaugural meeting of the SEC Equity Markets Structure Advisory Committee on May 13
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US IPO Market Takes Off Again in the Second Quarter: Renaissance Capital's 2Q 2015 Review
June 30, 2015--IPO activity more than doubled during the second quarter compared to the slow first quarter, which hit a 2-year low.
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IMF Working paper-The Macroeconomic Relevance of Credit Flows: An Exploration of U.S. Data
June 30, 2015--Summary: This paper exploits the Financial Accounts of the United States to derive long time series of bank and nonbank credit to different sectors, and to examine the cyclical behavior of these series in relation to (i) the long-term business cycle,(ii) recessions and recoveries, and (iii) systemic financial crises.
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IMF Working paper-A New Methodology for Estimating the Output Gap in the United States
June 30, 2015-- Summary: The gap between potential and actual output-the output gap-is a key variable for policymaking. This paper adapts the methodology developed in Blagrave and others (2015) to estimate the path of output gap in the U.S. economy.
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Zuma Bay Capital Launches Volatility-Based Alternative Investment Fund
Zuma Bay Volatility Fund uses hedged S&P 500 volatility (VIX) to deliver market-neutral returns.
June 30, 2015--Zuma Bay Capital, LLC, a California registered investment advisor (RIA), has launched the Zuma Bay Volatility Fund.
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Bruised Solar Stock Hanergy Exits Guggenheim ETFs
June 30, 2015--Troubled Chinese solar stock Hanergy has been dumped from the flagship solar exchange traded fund.
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Nuveen Diversified Commodity Fund Announces Shareholder Approval of Proposed ETF Conversion
June 30, 2015--Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that shareholders of the Nuveen Diversified Commodity Fund (CFD), have approved the plan to convert the fund into an open-ended exchange-traded fund (ETF).
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Morgan Stanley Statement on its Exchange-Traded Notes
June 30, 2015--Morgan Stanley (NYSE:MS) today announced that it does not intend to issue any additional notes in five series of outstanding exchange-traded notes.
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First Asset Canadian REIT Income Fund to Convert into Actively Managed ETF
June 30, 2015--First Asset Investment Management Inc. announces that unitholders of First Asset Canadian REIT Income Fund (the "Fund") approved amendments to the Fund's declaration of trust in order to permit its conversion from a closed-end fund to an actively managed exchange traded fund (the "ETF Conversion"), and certain other changes to the investment objectives, strategies and restrictions of the Fund.
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First Asset Investment Management Inc. Announces Changes to its First Asset ETF Lineup
June 30, 2015--First Asset Investment Management Inc. ("First Asset") announces that it will terminate the following funds (the "Funds") due to their current size and/or the existence of a suitable First Asset alternative.
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Schwab ETF OneSource(TM) Expands Menu of Commission-Free ETFs and Welcomes J.P. Morgan Asset Management to Program
New Additions Broaden Access to $0 Commission Strategic Beta and Currency-Hedged ETFs
June 30, 2015--Charles Schwab announced today it is adding one new ETF provider-J.P. Morgan Asset Management-and nine new ETFs to Schwab ETF OneSource(TM), the program that offers investors and advisors the most commission-free* ETFs anywhere in the industry.
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CFTC Issues Proposed Rule on Cross-Border Margin
June 29, 2015--The U.S. Commodity Futures Trading Commission (Commission) today voted unanimously to propose a rule that would apply the Commission's margin requirements for uncleared swaps in the context of cross-border transactions (Proposed Rule).
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OCC Reports First Quarter Bank Trading Revenue of $7.7 Billion
June 29, 2015--Insured U.S. commercial banks and savings institutions reported trading revenue of $7.7 billion in the first quarter of 2015, $3.2 billion higher (72 percent) than in the fourth quarter, the Office of the Comptroller of the Currency (OCC) reported today in the OCC's Quarterly Report on Bank Trading and Derivatives Activities.
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CFTC Proposes Narrowing Wall Street's Foreign Swaps Loophole
June 29, 2015--The top U.S. derivatives regulator took a step toward preventing Wall Street banks from evading the Dodd-Frank Act and shifting some of their trading overseas.
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Exchange Traded Concepts files with the SEC
June 29, 2015--Exchange Traded Concepts has filed a post-effective amendment, registration statement with the SEC for the ROBO-STOXTM Global Robotics and Automation Index ETF.
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Exchange Listed Funds files with the SEC
June 29, 2015--Exchange Listed Funds has filed a post-effective amendment, registration statement with the SEC for the
Horizons S&P 500(R) Covered Call ETF/Ticker Symbol: HSPX
Horizons S&P Energy Select Sector Covered Call ETF/Ticker Symbol: HENG.
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Cambria files with the SEC
June 29, 2015--Cambria has filed a post-effective amendment, registration statement with the SEC. This Prospectus provides important information about the Cambria Emerging Shareholder Yield ETF and Cambria Value and Momentum ETF.
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DBX files with the SEC
June 29, 2015--DBX has filed a post-effective amendment, registration statement with the SEC for the Deutsche X-trackers MSCI [Latin America Pacific Alliance] ETF.
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BetaClone Advisers files with the SEC
June 29, 2015--BetaClone Advisers has filed a amended registration statement with the SEC for the BetaClone Buyback Index Fund.
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Nile Capital files with the SEC
June 29, 2015--Nile Capital has filed a application for exemptive relief with the SEC for the exchange-traded managed funds (ETMF).
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BetaClone Advisers files with the SEC
June 29, 2015--BetaClone Advisers has filed a application for exemptive relief with the SEC.
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Alps files with the SEC
June 29, 2015--Alps has filed a post-effective amendment, registration statement with the SEC for the
ALPS Sector Leaders ETF
ALPS Sector Low Volatility ETF.
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CFTC Issues Proposed Rule on Cross-Border Margin
June 29, 2015--The U.S. Commodity Futures Trading Commission (Commission) today voted unanimously to propose a rule that would apply the Commission's margin requirements for uncleared swaps in the context of cross-border transactions (Proposed Rule).
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The mutual fund marketplace is broken, Time to fix it.
Many share classes exist only to hide fees paid by mutual funds to brokers in exchange for feeding them business
June 28, 2015--Wall Street and Washington have it wrong. The most important debate today isn't whether financial professionals should adopt the suitability standard or the fiduciary standard.
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