FINRA Issues New Investor Alert To Help Investors Understand Their Brokerage Account Statements-continued

February 23, 2012--The Financial Industry Regulatory Authority (FINRA) today issued a new Investor Alert called It Pays to Understand Your Brokerage Account Statements and Trade Confirmations to help guide investors through the key elements of their account statements and trade confirmations.
FINRA is reminding investors that reviewing their account statements not only helps them stay on top of their holdings, but also alerts them to errors or broker or firm misconduct, such as unauthorized trading or overcharging customers for handling transactions.

"Investors whose portfolios have taken a hit might not be keen to open their account statements, but investors should review their statements carefully—and immediately call the firm that issued the statement about any fee they do not understand or transaction they did not authorize," said Gerri Walsh, FINRA's Vice President for Investor Education. "Investors should also review trade confirmations as soon as they receive them because a single keystroke can make the difference between 100 and 1,000 shares."

read more

Source: FINRA


American ETP News
WisdomTree Extends Global Reach in Latin America
April 21, 2014--WisdomTree Investments, Inc., an exchange-traded fund ("ETF") sponsor and asset manager, today announced La Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR), the Mexican pension funds investment regulator, has approved 6 WisdomTree ETFs for sale to Mexican Pension Funds (AFORES).
read more
BMO Asset Management Inc. Cuts Management Fees on Its ETFs
April 21, 2014--BMO Asset Management Inc. ("BMO AM") today announced that it is reducing the maximum annual management fee on certain of its exchange traded funds (collectively, "the ETFs").
read more
Invesco PowerShares to Launch the First Variable Rate Preferred ETF
April 21, 2014--Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), today announced the anticipated listing of the PowerShares Variable Rate Preferred Portfolio (VRP) on May 1, 2014, on the NYSE Arca. VRP will provide income-seeking investors efficient access to a portfolio of variable-rate preferred securities.
read more
BlackRock recruits for Boston push
April 21, 2014--BlackRock's iShares exchange-traded funds business is seeking to woo asset managers in Boston, hiring an MSCI executive director to connect institutional clients there with its capital markets services.
read more
High-frequency traders: heroes or hoodlums?
April 20, 2014--By using the emotive phrase "rigging the market" to describe the impact of high-frequency trading on stock markets, the author Michael Lewis has guaranteed himself both extensive publicity and enhanced sales for his book, Flash Boys .
read more
The Federal Budget in 2013: An Infographic
April 18, 2014--The infographic-The Federal Budget in 2013 was released today.
read more
Fidelity files with the SEC
April 17, 2014--Fidelity has filed a Pre-Effective Amendment No. 3, registration statement with the SEC for the Fidelity Corporate Bond ETF.
read more
SEC Proposes Rules for Security-Based Swap Dealers and Major Security-Based Swap Participants
April 17, 2014--The Securities and Exchange Commission voted yesterday to propose new rules for security-based swap dealers and major security-based swap market participants.
read more
Exchange Traded Concepts files with the SEC
April 16, 2014--Exchange Traded Concepts has filed a post-effective amendmnent, registration statement with the SEC. This Post-Effective Amendment No. 93 relates solely to the Forensic Accounting ETF, Yorkville High Income MLP ETF and Yorkville High Income Infrastructure MLP ETF.
read more
Barclays and OFI Global Asset Management Will Partner to Launch the Barclays OFI SteelPath MLP ETNs
New ETNs Will Leverage OFI SteelPath's Expertise in MLPs to Provide Exposure to Midstream Assets While Reducing Correlation to Oil and Gas Prices
April 16, 2014--Barclays Bank PLC ("Barclays") and OFI Global Asset Management, which consists of OppenheimerFunds, Inc. and certain of its advisory subsidiaries, announced today the planned launch of the Barclays OFI SteelPath MLP ETNs (the "ETNs").
read more
Alps files with the SEC
April 15, 2014--Alps has filed a post-effective amendment, registration statement with the SEC for the Sprott Gold Miners ETF.
read more
iShares files with the SEC-iSharesBond(R) Dec 2016 Corporate Term ETF?
April 15, 2014--iShares has filed a post-effective amendment, registration statement with the SEC for the iSharesBond(R) Dec 2016 Corporate Term ETF.
read more
iShares files with the SEC-iShares MSCI UAE Capped ETF
April 15, 2014--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares MSCI UAE Capped ETF.
read more
iShares files with the SEC
April 15, 2014--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares MSCI Qatar Capped ETF.
read more
CBO-Updated Budget Projections: 2014 to 2024
April 14, 2014--As it usually does each spring, CBO has updated the baseline budget projections that it released earlier in the year.
read more
Van Eck files with the SEC
April 14, 2014--Van Eck has filed a post-effective amendment, registration statement with the SEC for the Market Vectors ChinaAMC MSCI All China ETF.
read more
Blackrock's Former ETP Guru Dodd Kittsley to Join Deutsche Bank
Hire Marks a Win for Deutsche as It Looks to Increase Presence in U.S. Market
April 14, 2014--Dodd Kittsley, former global head of exchange-traded product research, is moving to Deutsche Bank AG.
read more
Six WisdomTree ETFs get CONSAR approval
April 14, 2014--According to Latin Asset Management estimates, Mexican Pension Managers (Afores) have around USD 12 billion invested
read more
TIAA-CREF to Buy Nuveen Investments in $6.25 Billion Deal
Acquisition Would Create Firm With $800 Billion Under Management
April 14, 2014--TIAA-CREF plans to buy rival Nuveen Investments for $6.25 billion including debt, a giant deal aimed at catapulting the firm into the big leagues of money management.
read more
Bitcoin bound for 'guns and gold crowd'
April 13, 2014--Bitcoin is making its way from shadowy digital exchanges to the mainstream US retail fund market and even retirement accounts-much to the dismay of financial advisers.
read more
BlackRock fights to fix faltering active equities
April 13, 2014--BlackRock appears an indomitable force in the asset management industry, but the world's largest fund house has a chink in its armour that is proving difficult to fix.
read more
April 11, 2014--Several of the world's largest asset managers are discussing the creation of a joint equity trading venue, in an attempt to end the technological arms race sparked by high-frequency trading firms.
read more
AdvisorShares files with the SEC
April 11, 2014--AdvisorShares has filed a post-effective amendment, registration statement with the SEC for the AdvisorShares Pacific Asset Enhanced Floating Rate ETF.
read more
Global X files with the SEC
April 11, 2014--Global X has filed a first amended and restated application for exemptive relief with the SEC-actively-managed ETFs.
read more
PowerShares files with the SEC
April 11, 2014--PowerShares has filed a post-effective amendment, registration statement with the SEC for the PowerShares Variable Rate Preferred Portfolio.
read more
Direxion Launches the First Pair Of 3x Leveraged ETFs Tracking the Price of Gold
New Funds Offer Exclusive Leveraged Long and Short Exposure to Gold Prices
April 10, 2014--Direxion, a leader in alternative investment solutions, announced today the launch of two new 3X exchange-traded funds (ETFs) to its existing lineup of leveraged funds.
read more
First Trust files with the SEC
April 10, 2014--First Trust has filed a post-effective amendment, registration statement with the SEC.
read more
Despite Tighter External Conditions, Latin America and the Caribbean Hold Steady
Remittances and Foreign Direct Investment provide more reliable flows
Growth continues, albeit slow: 2.3% in 2014
Without productivity reforms the region could see social progress stall
April 9, 2014--As international investors shift their focus back to advanced economies, particularly the United States, as a result of monetary policy normalization, emerging economies face much tighter financial conditions.
read more
Horizons ETFs' Active and Specialty ETF Business surpasses $2 billion in AUM
April 9, 2014--Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. (collectively "Horizons ETFs") are pleased to announce that AlphaPro's family of actively managed and specialty exchange traded funds ("Active ETFs") has reached $2 billion in assets under management ("AUM").
read more
WisdomTree Launches Suite of Currency-Hedged Japan Sector Funds
April 8, 2014--WisdomTree, an exchange-traded fund ("ETF") sponsor and asset manager, today announced the launch of a suite of Currency-Hedged Japan Sector Funds on the NYSE Arca. The ETFs seek to provide exposure to the respective sectors within Japanese equity markets while hedging exposure to the yen.
read more
CFTC's Divisions of Market Oversight and Swap Dealer and Intermediary Oversight Provide Conditional No-Action Relief with Respect to Swaps Trading on Multilateral Trading Facilities Overseen by Authorities Designated by European Union Member States
April 8, 2014--The Commodity Futures Trading Commission's (CFTC) Divisions of Market Oversight (DMO) and Swap Dealer and Intermediary Oversight (DSIO) today announced the joint issuance of CFTC No-Action Letter No. 14-46 (No-Action Letter 14-46), replacing CFTC No-Action Letter No. 14-16 (No-Action Letter 14-16), which DMO and DSIO issued on February 12, 2014.
read more
DBX files with the SEC
April 8, 2014--DBX has filed a post-effective amendment, registration statement with the SEC.
read more
TrimTabs files with the SEC
April 7, 2014--TrimTabs has filed a application for exemptive relief with the SEC.
read more
CBO-Monthly Budget Review for March 2014
April 7, 2014--The federal government ran a budget deficit of $413 billion for the first six months of fiscal year 2014, CBO estimates-$187 billion less than the shortfall recorded in the same span last year. Revenues were about 10 percent higher; and outlays, about 4 percent lower.
read more
DBX files with the SEC
April 7, 2014--DBX has filed a post-effective amendment, registration statement with the SEC for the db X-trackers Harvest China A-Shares Small Cap Fund.
read more
State Street files with the SEC-SPDR Nuveen S&P Short Duration High Yield Municipal Bond ETF
April 4, 2014--State Street has filed a post-effective amendment, registration statement with the SEC for the SPDR Nuveen S&P Short Duration High Yield Municipal Bond ETF.
read more
iShares files with the SEC
April 4, 2014--iShres has filed a pots-effective amendment, registration statement with the SEC for the iShares Yield Optimized Bond ETF.
read more
United States Commodity Funds files with the SEC-United States Agriculture Index Fund -
April 3, 2014--United States Commodity Funds has filed a Form S-1 registration statement with the SEC for the United States Agriculture Index Fund.
read more
United States Commodity Funds files with the SEC-United States Copper Index Fund
April 3, 2014--United States Commodity Funds has filed a Form S-1 registration statement with the SEC for the United States Copper Index Fund.
read more
United States Commodity Funds files with the SEC
April 3, 2014--United States Commodity Funds has filed a Form S-1 registration statement with the SEC for the United States Metals Index Fund.
read more
State Street files with the SEC
April 2, 2014--State Street has filed a post-effective amendment, registration statement with the SEC for the SPDR® SSgA Risk Parity ETF-a actively-managed ETF.
read more
Direxion files with the SEC
April 2, 2014--Direxion has filed a first amended and restated application for exemptive relief with the SEC.
read more
U.S. SEC probing high-speed trading
April 1, 2014-The U.S. Securities and Exchange Commission has active investigations into high-frequency trading, the head of the agency said on Tuesday.
read more
First Trust files with the SEC
April 1, 2014--First Trust has filed a post-effective amendment, registration statement with the SEC for the First Trust Long/Short Equity ETF.
read more
WisdomTree files with the SEC
March 31, 2014--WisdomTree has filed a post-effective amendment, registration statement with the SEC for the
WisdomTree Japan Dividend Growth Fund .
read more
Assets of all exchange-traded funds rose in February by $85.58 billion
March 29, 2014--The combined assets of the nation's exchange-traded funds (ETFs) were $1.700 trillion in February, according to ICI. The Institute's monthly statistical collection also includes the value of shares issued and redeemed by exchange-traded funds.
read more
Ark files with the SEC
March 28, 2014--Ark has filed a third amended application for exemptive relief with the SEC-actively-managed ETFs.
read more
Exchange Traded Concepts files with the SEC
March 28, 2014--Exchange Traded Concepts has filed a post-effective amendment, registration statement with the SEC for the Forensic Accounting ETF.
read more
Global X files with the SEC
March 28, 2014--Global X has filed a post-effective amendment, registration statement with the SEC for the Global X MLP ETF
Global X Junior MLP ETF
Global X MLP & Energy Infrastructure ETF
Global X MLP Natural Gas ETF.
read more
ALPS files with the SEC
March 28, 2014--Alps has filed a post-effective amendment, registration statement with the SEC for the Cohen & Steers Global Realty Majors ETF.
read more
Direxion files with the SEC-iBillionaire Index ETF
March 28, 2014--Direxion has filed a post-effective amendment, registration statement with the SEC for the Direxion iBillionaire Index ETF.
read more
New ETF from ALPS Looks to Capture High Yield in Emerging Markets Stocks
"ALPS Emerging Sector Dividend Dogs" Built to Provide Diversification and Dividend Potential
March 28, 2014--ALPS, a DST Company focused on asset servicing and asset gathering, today announced the launch of the ALPS Emerging Sector Dividend Dogs ETF (NYSE: EDOG), a new exchange-traded fund designed to track the overall performance of the S-Network Emerging Sector Dividend Dogs Index (EDOGX).
read more
Even as Japan cools, ETF manager WisdomTree seen heating up
March 28, 2014--WisdomTree Investments Inc has paid a price for being so dependent on its flagship Japan fund -as that market reversed fortune this year, shares of the asset manager fell nearly 30 percent and Citi analysts downgraded its stock.
read more
Vanguard Not 'Turning to Smart Beta': Spokesman
March 28, 2014--No, the plain-vanilla Vanguard Group isn’t changing its tune on "smart beta," a term the firm has pooh-poohed as a marketing strategy. But the message didn't quite get through in a CNBC interview this week.
read more
ProShare files with the SEC
March 27, 2014--ProShares has filed a post-effective amendment, registration statement with the SEC.
read more
CIBC Mellon earns $1.1 billion mandate expansion from Horizons ETFs
Horizons taps CIBC Mellon asset servicing for 38 inverse and leveraged exchange-traded funds
March 27, 2014--CIBC Mellon announced today that Horizons ETFs Management (Canada) Inc. (Horizons ETFs) has selected CIBC Mellon to provide fund administration, custody and exchange-traded fund (ETF) services for the Horizons family of 38 leverage and inverse ETFs.
read more
ProShares Launches First "Pure-Play" Infrastructure ETF
March 27, 2014--ProShares, a premier provider of alternative exchange traded funds, today announced the launch of the ProShares DJ Brookfield Global Infrastructure ETF (TOLZ), the first ETF providing "pure-play" exposure to infrastructure.
read more
NYSE ARCA-1 ETF Launch: ALPS
March 26, 2014--NYSE Euronext is pleased to announce that on Friday, March 28, 2014, the following ETF will be listed on NYSE Arca and will begin trading as a new issue:
Security Name: ALPS Emerging Sector Dividend Dogs ETF
CUSIP: 00162Q 66 8
read more
MarketShares files with the SEC
March 26, 2014--MarketShares has filed a amended application for exemptive relief with the SEC.
read more
ETF start-up AccuShares plots a contango bypass
March 26, 2014--A start-up US exchange traded fund provider is proposing a novel suite of spot commodities trackers designed to overcome the tracking difficulties that have plagued such ETFs in the past.
read more
NYSE Arca- 1 New Listing-ProShares
March 25, 2014--NYSE Euronext is pleased to announce that on Thursday, March 27, 2014, the following ETF will be listed on NYSE Arca and will begin trading as a new issue:
Security Name: ProShares DJ Brookfield Global Infrastructure ETF
CUSIP: 74347B508
read more
PowerShares files with the SEC
March 25, 2014--PowerShares has filed a post-effective amendment, registration statement with the SEC for the PowerShares Multi-Strategy Alternative Portfolio.
read more
SEC Set to Alter Stance on Money Funds
'Retail' Funds Could Maintain Stable $1 Share Prices Instead of Floating in Value
March 25, 2014--U.S. securities regulators, under pressure from the asset-management industry, are preparing to exempt a majority of money-market mutual funds from a central plank of rules intended to curb risks in the $2.6 trillion market, according to people familiar with the agency's discussions.
read more
ETF giant BlackRock slashes fees on its core funds
March 25, 2014---Canada's largest exchange-traded fund provider, BlackRock Inc, is cutting management fees on a group of its investment products to cater to Canada's fee-conscious investors.
read more
ETF giant BlackRock slashes fees on its core funds
March 25, 2014--Canada's largest exchange-traded fund provider, BlackRock Inc., is cutting management fees on a group of its investment products to cater to Canada's fee-conscious investors.
read more
The Canadian ETF Association Adds Eight Portfolio Manager Members
ETF Industry Association Bolsters Its Ranks with Some of Canada's Top ETF Investors
March 25, 2014--The Canadian ETF Association ("CETFA") is pleased to announce that eight portfolio managers have joined the association as Portfolio Manager Members.
read more
Pimco Chases BlackRock in ETFs as Money Returns to Bonds
March 25, 2014--Pacific Investment Management Co., the envy of the bond world when it tripled assets following the financial crisis, is finding itself in an unusual role: Playing catch up to competitors in the growing market for exchange-traded funds.
read more
SEC mistaken to assume ETNs are retail products, say critics
March 25, 2014--The SEC's Office of Capital Markets Trends finally made good on its promise to write to banks over concerns about exchange-traded notes in February, but some say asking them to tailor disclosure to retail investors shows a fundamental misunderstanding of this $22 billion market. Yakob Peterseil reports
read more
NYSE New listing-ETRACS Monthly Reset 2x Leveraged S&P 500 Total Return ETN
March 24, 2014--NYSE Euronext is pleased to announce that on Wednesday, March 26, 2014, the following ETN will be listed on NYSE Arca and will begin trading as a new issue:
Security Name:
ETRACS Monthly Reset 2x Leveraged S&P 500 total Return ETN
Short Name:2xS&P 500 TR ETN
read more
Van Eck files with the SEC
March 24, 2014--Van Eck has filed a post-effective amendment, registration statement with the SEC for the Market Vectors Uranium+Nuclear Energy ETF.
read more
SEC-Staff Analysis of Data and Academic Literature Related to Money Market Fund Reform
March 24, 2014--The staff of the Securities and Exchange Commission today made available certain analyses of data and academic literature related to money market fund reform.
read more
Investors ignore ETFs at their peril
March 24, 2014--For all the positive headlines that exchange-traded funds garner, its somewhat surprising that growth in Canada has slowed sharply in the past year.
read more
PowerShares Canada announces changes to three ETFs, one mutual fund
March 24, 2014--PowerShares Canada today announced changes to the investment strategy of PowerShares Canadian Preferred Share Index Class and PowerShares Canadian Preferred Share Index ETF ("PPS").
read more
Blackrock Canada Announces Changes to Certain iShares Funds
March 24, 2014--BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly owned subsidiary of BlackRock, Inc. BLK +1.43% , has determined to make certain changes to the investment strategy of iShares MSCI Brazil Index ETF ("XBZ"), iShares S&P Global Consumer Discretionary Index ETF (CAD-Hedged) ("XCD"), iShares China Index ETF ("XCH"), iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged) ("XEB"), iShares MSCI Emerging Markets IMI Index ETF ("XEC"),
read more