| Russell files with the SEC-continued | |||||
| March 1, 2012--Russell has filed a second amended and restated application for exemptive relief with the SEC. | |||||
| view filing | |||||
| Source: SEC.gov | |||||
| American ETP News |
| KraneShares files with the SEC | |||
| May 17, 2013--KraneShares has filed a post-effective amendment, registration statement with the SEC for the KRANESHARES [Name] CSI 300 CHINA A Share ETF- KRANESHARES [Name] MSCI CHINA A Share ETF. | |||
| read more | |||
| Arrow files with the SEC | |||
| May 17, 2013--Arrow has filed a post-effective amendment, registration statement with the SEC for the ARROW BALANCED ETF ARROW TACTICAL ETF ARROW TACTICAL YIELD ETF | |||
| read more | |||
| ProShares files with the SEC | |||
| May 17, 2013--ProShares has filed a third amended and restated application for exemptive relief with the SEC. | |||
| read more | |||
| Cambria files with the SEC | |||
| May 17, 2013--Cambria has filed a post-effective amendment, registration statement with the SEC. | |||
| read more | |||
| CFTC.gov Commitments of Traders Reports Update | |||
| May 17, 2013--he current reports for the week of May 14, 2013 are now available. | |||
| read more | |||
| Deutsche Bank-Synthetic Equity & Index Strategy-North America-DB SYNDEX: Delta One Strategy-How to navigate the Japan trade going forward | |||
| May 17, 2013--From a broad approach to a more selective one Finding the right access vehicle and exposure to navigate the rally "Abenomics" have, so far, been very welcome by the market In the past few months, Japan launched a major policy experiment geared towards boosting growth and ending 15 years of deflation. | |||
| read more | |||
| Dow, S&P 500 end week with record highs | |||
| May 17, 2013--Stocks defied skeptics again Friday, attracting attention from even the most hardened market-watchers. The Dow Jones industrial average and the Standard & Poor's 500 index closed at record highs. | |||
| read more | |||
| Forum Investment Advisors files with the SEC | |||
| May 16, 2013--Forum Investment Advisors has filed a amendment no.4 to a application for exemptive relief with the SEC. | |||
| read more | |||
| BNY Mellon ADR Index Monthly Performance Update April 2013 | |||
| May 16, 2013--The BNY Mellon ADR Index Monthly Performance-April 2013 Update has been published and is now available for review. | |||
| read more | |||
| iShares Diversified Alternatives Trust (NYSEArca: ALT) to Cease Trading on May 29, 2013 | |||
| May 15, 2013--BlackRock, Inc. (NYS: BLK) previously announced in a public filing on April 26, 2013, that its iShares Exchange Traded Funds (ETFs) business, the world's largest manager of ETFs, plans to liquidate and close the iShares Diversified Alternatives Trust (NYSEArca: ALT). | |||
| read more | |||
| First Trust launches family of AlphaDEX(TM) Dividend ETFs in Canada | |||
| Firm brings highly successful rules-based fundamental stock selection methodology to Canadian investors May 15, 2013--FT Portfolios Canada Co., a privately owned company and an affiliate of Chicago based First Trust Portfolios L.P., a U.S. registered broker-dealer, is pleased to announce that the first three First Trust AlphaDEXTM Dividend ETFs have completed their initial offering of units for both the common class and advisor class units of the ETFs and are scheduled to commence trading on Wednesday, May 15th on the Toronto Stock Exchange. | |||
| read more | |||
| IndexIQ files with the SEC | |||
| May 15, 2013--IndexIQ has filed a amendment no.2 to a application for exemptive relief with the SEC. | |||
| read more | |||
| Sigma Investment Advisors files with the SEC | |||
| May 15, 2013--Sigma Investment Advisors has filed a third amended and restated application for exemptive relief with the SEC. | |||
| read more | |||
| Searching for a New Investment Paradigm | |||
| May 15, 2013--Investment management is supposed to be built on brilliant minds, novel insights and innovative approaches-or so our training and traditions have led us to believe. | |||
| read more | |||
| SEC Names Lona Nallengara as Chief of Staff | |||
| May 15, 2013--The Securities and Exchange Commission today announced that Lona Nallengara has been named the agency's chief of staff. | |||
| read more | |||
| IMF Working paper-Is the Growth Momentum in Latin America Sustainable? | |||
| May 15, 2013--Summary: A favorable external environment coupled with prudent policies fostered output growth in most of Latin America during the last decade. But, what were the drivers of this strong growth performance from the supply side and will this momentum be sustainable in the years ahead? | |||
| read more | |||
| Costs matter: Are fund investors voting with their feet? | |||
| May 15, 2013--When investors evaluate a mutual fund, how much do costs matter to them? Mutual fund fees and expenses are a frequently mentioned consideration, but are investors actually walking the talk? | |||
| read more | |||
| IndexIQ Tops $1 Billion in Assets as Leader in Liquid Alternative Exchange-Traded Funds | |||
| Award-winning company was first to market with broad range of innovative liquid alternative investment products, including ETFs, mutual funds, managed accounts and ETF model portfolios May 15, 2013--IndexIQ, whose innovative liquid alternative investment products helped launch an entirely new asset class, has surpassed the $1 billion threshold, it was announced today. | |||
| read more | |||
| Treasury International Capital Data for March | |||
| May 15, 2013--The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for March 2013. The next release, which will report on data for April 2013, is scheduled for June 14, 2013. | |||
| read more | |||
| Nasdaq halts trading in some options contracts due system issues | |||
| May 15, 2013-- Nasdaq OMX Group Inc on Thursday halted trading in some options contracts on one of its options exchanges on Thursday due to system issues. | |||
| read more | |||
| VelocityShares Announces Licensing of Innovative Hedged Equity Indices | |||
| May 15, 2013--VelocityShares is pleased to announce the licensing of the VelocityShares Volatility Hedged Large Cap Index and the VelocityShares Tail Risk Hedged Large Cap Index. These indices represent the next frontier in hedged equity investing. | |||
| read more | |||
| US regulator sets final rules for swaps trading | |||
| May 15, 2013--The top U.S. derivatives regulator unveiled rules for swaps trading that could break open Wall Street's dominance of the $630 trillion market, yet contain important concessions to the industry. | |||
| read more | |||
| Guggenheim Investments to Close Chinese Yuan Bond ETF (RMB) | |||
| Firm is Dedicated to Its 67 Exchange Traded Products Covering a Broad Range of Strategies Including-Domestic and International Equity, Fixed-Income and Currency
May 14, 2013--Guggenheim Investments, the investment management division of Guggenheim Partners, today announced that it will liquidate the Guggenheim Yuan Bond ETF (RMB) in order to reinforce its commitment to focusing resources on products that have demonstrated the most demand in the marketplace. | |||
| read more | |||
| SSGA-US ETF Snapshot: April 2013 | |||
| May 14, 2013--1,252 Exchange Traded Funds (ETFs)-with assets totaling $1.5TN-were managed by 37 ETF managers as of April 30, 2013. Month over month, ETF assets increased $24.1BN, up 1.7%. | |||
| read more | |||
| BMO Asset Management Inc. Chooses MSCI as the Basis for 2 ETFs | |||
| May 14, 2013--MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, has announced that BMO Asset Management Inc. (BMO AM) has licensed the MSCI Emerging Markets Index and the MSCI EAFE 100% Hedged to CAD Dollars Index for two exchange traded funds (ETFs) for the Canadian market. | |||
| read more | |||
| ProShares files with the SEC | |||
| April 14, 2013--ProShares has filed a second amended and restated application for exemptive relief with the SEC. | |||
| read more | |||
| Fidelity gets SEC permission to run actively managed ETFs | |||
| May 14, 2013--Fidelity Investments said on Tuesday it received permission from U.S. regulators to open its own actively managed exchange-traded funds, as the mutual fund firm seeks to catch up in the faster-growing ETF segment. | |||
| read more | |||
| Vanguard Launches Emerging Markets Government Bond Index Fund | |||
| May 14, 2013--Subscription Period Begins Today
Vanguard today announced the introduction of Vanguard Emerging Markets Government Bond Index Fund, the company's first international fixed income offering available to U.S. investors. | |||
| read more | |||
| TD Ameritrade Launches New ETF Knowledge Center | |||
| Arms investors with knowledge and insights on ways to build a strategy and choose quality ETFs
May 14, 2013--Building a diversified portfolio of exchange-traded funds (ETFs) just got simpler and more efficient, thanks to the launch of a new ETF Knowledge Center from TD Ameritrade, Inc. ("TD Ameritrade"), a broker dealer subsidiary of TD Ameritrade Holding Corporation. | |||
| read more | |||
| Adviser demand started iShares' active engines | |||
| May 13, 2013--iShares sees its new rules-based active exchange traded funds as attractive substitutes for mutual funds at the core of investment adviser-managed portfolios. | |||
| read more | |||
| Cambria ETF Trust Launches Shareholder Yield ETF (SYLD) | |||
| Newly launched ETF provides investors with an innovative approach to high yield stock investing by calculating dividends, share buybacks and debt reduction May 14, 2013--The Cambria ETF Trust and its investment manager, Cambria Investment Management, LP, today launched the Cambria Shareholder Yield ETF (Ticker:Ticker::SYLD). | |||
| read more | |||
| CBO-SEC Regulatory Accountability Act | |||
| May 13, 2013--H.R. 1062 would expand the amount of analysis performed by the Securities and Exchange Commission (SEC) when developing or amending regulations. Specifically, the bill would direct the SEC to: Assess the significance of the problem the regulation is designed to address; | |||
| read more | |||
| CBOE Wins In S&P Index Dispute | |||
| May 13, 2013--The Chicago Board Options Exchange (CBOE) announced today that the Supreme Court of the United States denied the International Securities Exchange's (ISE) petition to review the Illinois Appellate Court's decision that permanently restrained and enjoined ISE from listing or | |||
| read more | |||
| Morgan Stanley-US ETF Weekly Update | |||
| May 13, 2013--US ETF Weekly Update
Weekly Flows: $13.8 Billion Net Inflows 3rd Consecutive Week of Net Inflows ETF Assets Stand at $1.5 Trillion, up 13% YTD One ETF Launch Last Wee | |||
| read more | |||
| Van Eck files with the SEC | |||
| May 13, 2013--Van Eck has filed a post-effective amendment, registration statement with the SEC. | |||
| read more | |||
| ProShares files with the SEC | |||
| May 13, 2013--ProShares has filed a post-effective amendment, registration statement with the SEC. | |||
| read more | |||
| 'Jumbo' SPY options make debut, but liquidity a concern to some | |||
| Options Exchange lists jumbo options on S&P 500 ETF
ISE believes product could potentially harm liquidity BOX says marketplace to dictate if product is accepted May 10, 2013--A new 'jumbo' option contract on the popular S&P 500 tracking ETF debuted on the BOX Options Exchange on Friday, but at least one rival has opted not to list the product for now because of concerns it will hurt liquidity in existing options on the fund. | |||
| read more | |||
| CFTC.gov Commitments of Traders Reports Update | |||
| May 10, 2013--The current reports for the week of May 10, 2013 are now available. | |||
| read more | |||
| IndexIQ files with the SEC | |||
| May 10, 2013--IndexIQ has filed a registration statement with the SEC for the IndexIQ Active ETF Trust. | |||
| read more | |||
| ERNY Financial files with the SEC | |||
| May 10, 2013--ERNY Financial Advisors, LLC have filed a first amended application for exemptive relief with the SEC for actively-managed ETFs. | |||
| read more | |||
| Compass files with the SEC | |||
| May 10, 2013--Compass Efficient Model Portfolios, LLC has filed a application for exemptive relief with the SEC. | |||
| read more | |||
| ALPS Launches Industry's First MLP-Focused Offering for the Annuity Market | |||
| New Portfolio to Track Alerian Energy Infrastructure Index May 9, 2013--ALPS launches the ALPS|Alerian Energy Infrastructure Portfolio as part of the ALPS Variable Investment Trust. | |||
| read more | |||
| Invesco PowerShares Expands Fundamental Fixed-Income Line With Emerging Market Local Currency Sovereign Debt Portfolio | |||
| May 9, 2013--Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today the launch of the PowerShares Fundamental Emerging Markets Local Debt Portfolio (PFEM) on the NYSE Arca. | |||
| read more | |||
| IndexIQ files with the SEC | |||
| May 9, 2013--IndexIQ has filed an a application for exemptive relief with the SEC. | |||
| read more | |||
| ERNY Financial files with the SEC | |||
| May 9, 2013--ERNY Financial has filed a first amended application for exemptive relief with the SEC. | |||
| read more | |||
| Wisdom Tree files with the SEC | |||
| May 8, 2013--Wisdom Tree has filed a post-effective amendment, registration statement with the SEC for the WisdomTree S&P 500 Managed Distribution Fund. | |||
| read more | |||
| CFTC's Division of Market Oversight Issues Advisory Providing Guidance to Reporting Markets on How to Submit Block Trade Volume Data | |||
| The Division of Market Oversight of the Commodity Futures Trading Commission today issued an Advisory to reporting markets subject to Part 16 of the Commission's | |||
| read more | |||
| Morgan Stanley-ETFs Exhibited Net Inflows of $51.7 Billion in 1Q13 | |||
| May 7, 2013--There were 19 new ETFs listed in the US in the first quarter of 2013. An additional 23 ETFs were launched since the end of the first quarter, bringing year-to-date ETF issuance to 42. | |||
| read more | |||
| US investors increase reliance on ETFs | |||
| May 7, 2013--Investors in the US are increasing their use of exchange traded funds as the role of ETFs within investment portfolios continues to expand and broaden, finds a new study by Greenwich Associates, the research consultancy. | |||
| read more | |||
| Brazilian pension funds go global | |||
| May 7, 2013--As little as a year ago, Brazil's greatest concern was the currency war- a tsunami of international funds that it believed was threatening to inundate its financial markets and those of other emerging countries. | |||
| read more | |||
| New Records: Dow Ends Above 15000 for First Time; S&P in Bull Market | |||
| May 7, 2013--Stocks finished near their best levels Tuesday, with the S&P 500 extending its recent rally to a fresh high and the Dow closing above the 15,000 milestone for the first time. | |||
| read more | |||
| ISE ETF Ventures and YieldShares Announce Partnership to Develop and Promote New ISE High Income IndexTM | |||
| May 6, 2013--The International Securities Exchange (ISE) today announced a partnership with YieldShares, a new firm created by Christian Magoon , a well-recognized entrepreneur in the ETF industry. | |||
| read more | |||
| Reggie Browne: Not All ETFs Traded Equally | |||
| May 7, 2013--Reggie Browne, perhaps the most influential ETF trading expert in the world, says investors are clearly starting to grasp the power of the ETF, but they are still assimilating all the nuances of ETF trade. | |||
| read more | |||
| DB-Synthetic Equity & Index Strategy-US ETF Market Monthly Review-ETPs added $23bn in AUM while investors 'cherry pick' risky assets | |||
| May 7, 2013--US ETP assets higher by $23bn
ETP assets in the US rose by $23.4bn to $1.472 trillion (YTD +10.4%) last month. Global ETP industry assets closed at $2.001 trillion (YTD +8.8%) Flows Review: "cherry picking" risky assets | |||
| read more | |||
| CBO-Monthly Budget Review for April 2013 | |||
| May 7, 2013--The federal government ran a budget deficit of $489 billion in the first seven months of fiscal year 2013 (that is, from October 2012 through April 2013), according to CBO's estimates. | |||
| read more | |||
| KraneShares files with the SEC | |||
| May 7, 2013--KraneShares has filed a post-effective amendment no.2 , registration statement with the SEC for the KraneShares CSI China Internet ETF. | |||
| read more | |||
| IMF Regional Economic Outlook: Western Hemisphere-Latin America and the Caribbean | |||
| May 6, 2013--Growth in Latin America is set to pick up to about 3½ percent in 2013, broadly in line with potential. The region continues to benefit from favorable external financing conditions and relatively high commodity prices, but these tailwinds are unlikely to last forever. | |||
| read more | |||
| DB-Synthetic Equity & Index Strategy-North America-US ETF Trade Alert-Adjusting your Dividend ETF positions | |||
| Understanding the risks in your Dividend ETF positions
May 6, 2013--Some dividend strategies seem crowded, expensive and too exposed to defensives. We prefer growth over yield, or a more selective approach to yield. | |||
| read more | |||
| DB-Synthetic Equity & Index Strategy-North America-US ETF Model Portfolios-House View Portfolio Update | |||
| May 6, 2013--House View Update as of May 3rd, 2013 Positioning for the summer. Dividend growth, Banks, Tech, and duration boost. | |||
| read more | |||
| Direxion Appoints Patrick Rudnick As Chief Financial Officer | |||
| May 6, 2013-- Direxion, a leader in alternative investment solutions, announces that Patrick Rudnick has been appointed Chief Financial Officer of Direxion. | |||
| read more | |||
| S&P 500 Buyback Index Launched by S&P Dow Jones Indices | |||
| May 6, 2013-- S&P Dow Jones Indices announced today the launch of the S&P 500(R) Buyback Index which is designed to measure the performance of the top 100 stocks with the highest buyback ratio in the S&P 500. | |||
| read more | |||
| U.S. Department of the Treasury Economic Statistics-Monitoring the Economy Update | |||
| May 6, 2013-- The U.S. Economic Statistics- Monthly Data has been updated and is now available. | |||
| read more | |||
| Morgan Stanley-ETF Weekly Update | |||
| May 6, 2013--US ETF Weekly Update
Weekly Flows: $4.8 Billion Net Inflows ETF Assets Stand at $1.5 Trillion, up 11% YTD Three ETF Launches Last Week Global X Announces Reverse Splits on Six ETFs | |||
| read more | |||
| Growth surge lures pioneers from ETFs' first wave | |||
| May 6, 2013--Two veterans of the rough and tumble effort to build exchange traded fund ventures have decided the time is right to make their return to developing products. | |||
| read more | |||
| NASDAQ OMX and World Steel Exchange Marketing Announce Strategic Partnership | |||
| May 6, 2013--The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), and World Steel Exchange Marketing, LLC (WSEM), founded by World Steel Dynamics (WSD) in 2009, today announced a strategic partnership to develop financially settled steel and steel scrap futures products to be traded on the NASDAQ OMX Futures Exchange, Inc. (NFX). | |||
| read more | |||
| Arrow files with the SEC | |||
| May 6, 2013--Arrow Investments Trust has filed apost-effective amendment no.6, registration statement with the SEC for the Arrow Global Enhanced HY Bond ETF. | |||
| read more | |||
| ISE Weekly Listings | |||
| May 3, 2013--The International Securities Exchange listed new options classes during the week beginning April 29, 2013 as described below. | |||
| read more | |||
| Companies Add to Lineups of 'Free' ETFs | |||
| Still, trading commissions are only one cost, so other funds may be more attractive on balance May 3, 2013--How attractive is "free"? Some of the largest online brokers of exchange-traded funds are determined to find out. | |||
| read more | |||
| CFTC.gov Commitments of Traders Reports Update | |||
| May 3, 2013--The current reports for the week of April 30, 2013 are now available. | |||
| read more | |||
| CFTC's Division of Swap Dealer and Intermediary Oversight Issues Time-Limited No-Action Letter Providing Relief Surrounding Certain Foreign Exchange Transactions with a Settlement Cycle of No More than Seven Local Business Days | |||
| May 2, 2013--The Commodity Futures Trading Commission's (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a time-limited no-action letter that provides swap dealers and major swap participants with relief from compliance with External Business Conduct Standards | |||
| read more | |||
| 'This is a big deal': Bloomberg entering online advice market | |||
| 'BloombergBlack' offering aimed at mass affluent; 'others likely to copy it' May 2, 2013--An 800-pound gorilla is wading into the market for online investment management and financial advice. | |||
| read more | |||
| MAXIS(R) Nikkei 225 Index Fund named to Schwab ETF Select List(TM) for the second quarter of 2013 | |||
| May 2, 2013--Precidian Funds LLC, a wholly-owned subsidiary of Precidian Investments LLC, is pleased to announce that that the MAXIS(R) Nikkei 225 Index Fund (NKY:NYSE Arca) has been selected to fill the Japan stock category on the Schwab ETF Select List for the second quarter of 2013. | |||
| read more | |||
| Global X Funds Announces Reverse Splits For Six ETFs | |||
| May 2, 2013--Global X Funds, the New York based provider of exchange traded funds (ETFs), announced today that its Board of Trustees has approved reverse share splits for six of its ETFs. | |||
| read more | |||
| Cambria files with the SEC | |||
| May 2, 2013--Cambria has filed a pre-effective amendment, registration statement with the SEC for the Cambria Global Income and Currency Strategies ETF (FXFX)-(not currently offered for sale) Cambria Shareholder Yield ETF (SYLD) Cambria Foreign Shareholder Yield ETF (FYLD)-not currently offered for sale) Cambria Emerging Shareholder Yield ETF (EYLD)-(not currently offered for sale). | |||
| read more | |||
| PowerShares files with the SEC | |||
| May 2, 2013--PowerShares has filed a post-effective amendment, registration statement with the SEC. This filing relates solely to the following series of the Registrant: PowerShares Fundamental Emerging Markets Local Debt Portfolio. | |||
| read more | |||
| Update to the 2013 Trends to Watch | |||
| May 2, 2013--May 2, 2013--Fund flows are clearly seeking Alpha in ETFs! Year to date net inflows acording to XTF were about $65.29 billion at the end of April. This number is impressive on a number of levels. | |||
| read more | |||
| Chicago Board Options Exchange Reports System Issues | |||
| May 2, 2013--The Chicago Board Options Exchange suffered more system problems early Thursday that hit trading in some stock-options contracts, a week after severe technical issues closed its markets for more than three hours. | |||
| read more | |||
| CFTC's Division of Swap Dealer and Intermediary Oversight Issues No-Action Letter Regarding the Obligation of Swap Dealers and Major Swap Participants to Provide Certain Disclosures for Certain Transactions Under Regulation 23.431 | |||
| May 1, 2013--The Commodity Futures Trading Commission's (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a no-action letter that provides swap dealers and major swap participants with relief from certain disclosure requirements | |||
| read more | |||
| ISE Reports it is the Largest Equity Options Exchange in April 2013 | |||
| May 1, 2013--ISE was the largest equity options exchange in April with a market share of 17.8%, excluding dividend trades.
Dividend trades made up 2.1% of industry volume in April 2013. The International Securities Exchange (ISE) today reported an average daily volume of 2.7 million contracts in April 2013. | |||
| read more | |||
| CBOE Holdings Reports April 2013 Trading Volume | |||
| VIX Futures Post Busiest Month Ever
C2 Establishes All-Time Monthly Records May 1, 2013--CBOE Holdings, Inc. (NASDAQ: CBOE) reported today that April trading volume for options contracts on Chicago Board Options Exchange(R) (CBOE(R) ) and C2 Options Exchange (C2(SM) ) and futures contracts on CBOE Futures Exchange, LLC (CFE(R) ) totaled 102.70 million contracts. | |||
| read more | |||
| Federal Reserve issues FOMC statement | |||
| May 1, 2013--Information received since the Federal Open Market Committee met in March suggests that economic activity has been expanding at a moderate pace. | |||
| read more | |||
| SEC Proposes Rules for Cross-Border Security-Based Swap Activities | |||
| May 1, 2013--The Securities and Exchange Commission today voted unanimously to propose rules and interpretive guidance for parties to cross-border security-based swap transactions. | |||
| read more | |||
| Direxion Launches Two Leveraged Exchange-Traded Funds | |||
| New ETFs Offer 3x Leveraged Inverse Exposure to Brazil and South Korea
May 1, 2013--Direxion, a leader in alternative investment solutions, has launched two new leveraged inverse exchange-traded funds (ETFs), the Direxion Daily Brazil Bear 3x Shares (BRZS) and Direxion Daily South Korea Bear 3x Shares (KORZ). | |||
| read more | |||
| Deutsche Bank-Synthetic Equity & Index Strategy-North America | |||
| US ETF Model Portfolios-Diversified Momentum Portfolio Update
May 1, 2013--Diversified Momentum Update as of April 30th, 2013 Solid month for our DMP. Strong results for Global sectors, Commodities, and Treasuries. | |||
| read more | |||
| Vanguard reports April 2013 expense ratio changes | |||
| May 1, 2013--In April, expense ratios changed for multiple Vanguard mutual funds and ETFs available to institutional investors, as shown in the tables below. Thirty-four products had reductions in their expense ratios, and 5 had increases. | |||
| read more | |||
| Report to the Secretary of the Treasury | |||
| May 1, 2013--April 30, 2013 Dear Mr. Secretary: The economy grew at a moderate pace in the first quarter: real GDP expanded at a 2.5% annual rate, as some of the temporary drags that held growth to a 0.4% pace the prior quarter faded. | |||
| read more | |||
| Exchange Traded Concepts Files for YieldShares High Income ETF (YYY) | |||
| May 1, 2013--Exchange Traded Concepts, LLC (ETC), in conjunction with YieldShares LLC (YieldShares), announces that Exchange Traded Concepts Trust (Trust) has filed a registration statement, including a preliminary prospectus, with the Securities and Exchange Commission for the YieldShares High Income ETF (YYY). | |||
| read more | |||
| EGA Emerging Global Shares files with the SEC | |||
| May 1, 2013--EGA Emerging Global Shares has filed a post-effective amendment, registration statement with the SEC for the EGShares EM Bond Investment Grade ETF EGShares EM Strategic Sector Allocation ETF (active) EGShares EM Bond ETF EGShares EM Tactical Sector Allocation ETF (active). | |||
| read more | |||
| EGA Emerging Global Shares files with the SEC | |||
| May 1, 2013--EGA Emerging Global Shares has filed a post-effective amendment, registration statement with the SEC for the EGA Emerging Global Shares Trust. | |||
| read more | |||
| Millington Securities files with the SEC | |||
| May 1, 2013--Millington Securities has filed a amendment no.4 to a application for exemptive relief with the SEC-actively-managed ETF. | |||
| read more | |||
| PowerShares files with the SEC | |||
| May 1, 2013--PowerShares has filed a post-effective amendment, registration statement with the SEC for the PowerShares Fundamental Emerging Markets Local Debt Portfolio. | |||
| read more | |||
| "Kill switches" closer to becoming reality | |||
| May 1, 2013--Exchanges are almost ready to submit a proposal to the Securities and Exchange Commission that will create "kill switches" or "big red buttons" designed to prevent market disruptions. | |||
| read more | |||
| CME Group Volume Averaged 11.6 Million Contracts per Day in April 2013, Up 8 Percent from April 2012 | |||
| Metals volume up 62 percent, to record
Energy volume up 20 percent Foreign exchange volume up 18 percent Equities volume up 16 percent May 1, 2013--CME Group, the world,s leading and most diverse derivatives marketplace, today announced that April 2013 volume averaged 11.6 million contracts per day, up 8 percent compared with April 2012. Total volume for April 2013 was more than 254 million contracts, of which 87 percent was traded electronically. | |||
| read more | |||
| CFTC's Division of Swap Dealer and Intermediary Oversight Issues No-Action Letter Providing Time-Limited Relief for Swap Dealers in Connection with Prime Brokerage Arrangements | |||
| April 30, 2013--The Commodity Futures Trading Commission's (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a time-limited no-action letter that provides swap dealers with relief from certain External Business Conduct Standards | |||
| read more | |||
| DB-Synthetic Equity & Index Strategy-North America | |||
| US ETF Model Portfolios-Country Rotation Portfolio Update April 30, 2013--Long portfolios were in line with global equities; while Long/Short portfolios lagged in April. Market Performance The global equity markets posted strong returns for April, despite intra-month weakness. The MSCI AC World Index (ACWI) gained 2.84% during this period. | |||
| read more | |||
| Pax World Management files with the SEC | |||
| April 30, 2013--Pax World Management has filed a post-effective amendment, registration statement with the SEC for the Pax MSCI EAFE ESG Index ETF (EAPS). | |||
| read more | |||
| State Street Global Advisors Announces Index Change to the SPDR FTSE/Macquarie Global Infrastructure | |||
| State Street Global Advisors Announces Index Change to the SPDR FTSE/Macquarie Global Infrastructure 100 ETF (Symbol: GII) April 30, 2013--State Street Global Advisors (SSgA), the asset management business of State Street Corporation (NYS: STT), today announced changes to the index and name of the SPDR FTSE/Macquarie Global Infrastructure 100 ETF (Symbol:GII). | |||
| read more | |||
| ProShares files with the SEC | |||
| April 29, 2013--ProShares has filed a form S-1 registration statement with the SEC. This Registration Statement on Form S-1 of ProShares Trust II is being filed for purposes of registering additional shares for ProShares Ultra DJ-UBS Natural Gas, ProShares UltraShort DJ-UBS Natural Gas, ProShares Short VIX Short-Term Futures ETF and ProShares VIX Mid-Term Futures ETF. | |||
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| Transparent Value Advisors, LLC files with the SEC | |||
| April 29, 2013--Transparent Value Advisors, LLC has filed a second amended and restated application for exemptive relief with the SEC. | |||
| read more | |||
| Horizons ETFs Announces Unit Consolidation | |||
| April 29, 2013--Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. (collectively "Horizons ETFs"), the manager and trustee of the Horizons Enhanced Income Gold Producers ETF (the "ETF"), have announced today that they intend to consolidate the units of the ETF, as indicated below: | |||
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| iShares to Close, Liquidate Diversified Alternatives ETF | |||
| April 29, 2013--On Thursday, April 25, iShares announced that it is taking the unusual step--for iShares at least--of shuttering an exchange-traded fund. | |||
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| Nasdaq OMX Recasts Smaller Stock Exchange to Draw ETF Volume | |||
| April 29, 2013--Nasdaq OMX Group Inc. (NDAQ) is recasting one of its three stock exchanges as a venue focused on exchange-traded funds and similar products, according to the company. | |||
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| US mutual fund fees continue to plummet | |||
| April 28, 2013--The expense ratios of US mutual funds continue to plummet as competition from index and exchange traded funds gathers pace. | |||
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| First Trust Launches First Trust Senior Loan Fund | |||
| Firm's Fourth Actively Managed ETF Seeks to Capitalize on Attractive Yields in Senior Loan Market While
Offering an Element of Protection Against Rising Interest Rates April 26, 2013-- First Trust Advisors L.P. ("First Trust"), a provider of more than 200 investment products, many of which offer transparency, tax efficiency and a rules-based approach to stock selection, will launch a new actively managed exchange-traded fund ("ETF")on May 2, 2013, the First Trust Senior Loan Fund (NASDAQ:FTSL). | |||
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| Teucrium files with the SEC-Teucrium WTI Crude Oil Fund | |||
| April 26, 2013--Teucrium has filed a pre-Effective Amendment No. 1 to FORM S-1 registration statement for the Teucrium WTI Crude Oil Fund. | |||
| read more | |||
| Teucrium files with the SEC-Teucrium Natural Gas Fund | |||
| April 26, 2013--Teucrium has filed a pre-Effective Amendment No. 1 to FORM S-1 registration statement for the Teucrium Natural Gas Fund. | |||
| read more | |||
| Teucrium files with the SEC | |||
| April 26, 2013--Teucrium has filed a pre-Effective Amendment No. 1 to
FORM S-1 registration statement for the Teucrium Corn Fund. | |||
| read more | |||
| iShares files with the SEC | |||
| April 26, 2013--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares MSCI USA Quality Factor ETF. | |||
| read more | |||
| Schwab files with the SEC | |||
| April 26, 2013--Schwab has filed a post-effective amendment, registration statement with the SEC for the Schwab Fixed-Income ETFs. | |||
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| CFTC.gov Commitments of Traders Reports Update | |||
| April 26, 2013--The current reports for the week of April 23, 2013 are now available | |||
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| US-based stock funds have $7.3 bln outflow-Lipper | |||
| April 25, 2013--April 25, 2013--Investors pulled $7.3 billion out of U.S.-based stock funds in the latest week, the most since July of last year even as U.S. stock markets recovered from a sharp selloff, data from Thomson Reuters' Lipper Service showed on Thursday. | |||
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| Latin America, an Economic Success, Must Now Focus on Education and Social Inclusion | |||
| Latin America must build on its economic success and invest in education and social inclusion Fast growth and stability provide an opportunity, but dangers exist Time is short for Latin America to prepare for the future April 25, 2013--The eighth World Economic Forum on Latin America concluded with a call for the region to build on its many economic successes and prepare for the future by focusing on education and social inclusion. | |||
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| Financial Stability Oversight Council (FSOC) Releases Third Annual Report | |||
| April 25, 2013--The Financial Stability Oversight Council (Council) today unanimously approved its 2013 annual report, which was developed collaboratively by the members of the Council and their agencies and staff. | |||
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| Fee Rate Advisory #3 for Fiscal Year 2013 | |||
| April 25, 2013--April 25, 2013-The Securities and Exchange Commission today announced that starting on May 25, 2013, the fee rates applicable to most securities transactions will decrease from $22.40 per million dollars to $17.40 per million dollars. | |||
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| Wisdom Tree files with the SEC-Wisdom Tree Emerging Markets Dividend Growth Fund | |||
| April 25, 2013--Wisdom Tree has filed a post-effective amendment, registration statement with the SEC for the WisdomTree Emerging Markets Dividend Growth Fund. | |||
| read more | |||
| Wisdom Tree files with the SEC-WisdomTree Emerging Markets Low Volatility Equity Fund | |||
| April 25, 2013--Wisdom Tree has filed a post-effective amendment, registration statement with the SEC for the WisdomTree Emerging Markets Low Volatility Equity Fund. | |||
| read more | |||
| Wisdom Tree files with the SEC | |||
| April 25, 2013--Wisdom Tree has filed a post-effective amendment, registration statement with the SEC for the Wisdom Tree Emerging Markets Consumer Growth Fund. | |||
| read more | |||
| Tech Glitch Paralyzes Trading in Options | |||
| April 25, 2013--A software glitch knocked out trading on the largest U.S. options exchange for more than three hours Thursday, raising fresh questions about the reliability of critical elements of the financial market. | |||
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| ISE Introduces New Corporate Branding | |||
| ISE's New Visual Identity Spans a Redesigned Corporate Website and Expanded Social Media Presence April 24, 2013--The International Securities Exchange (ISE) today revealed new corporate branding, including a new logo suite, a redesigned corporate website, and new corporate Twitter and LinkedIn pages. | |||
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| FINRA OKs Backtested ETF Data For Institutional Investors | |||
| April 24, 2013--If I'm reading this guidance letter recently posted to the web correctly, the regulatory body FINRA is now allowing fund companies to use back-tested index data when marketing ETFs and other index-based investments to institutional investors. | |||
| read more | |||
| iShares files with the SEC | |||
| April 24, 2013--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares Core Long-Term U.S. Bond ETF. | |||
| read more | |||
| MSCI Licenses Risk Premia Indices to BlackRock for 3 New iShares ETFs | |||
| April 24, 2013--MSCI Inc. a leading provider of investment decision support tools worldwide, has announced that MSCI Risk Premia Indices are the basis for three new US listed ETFs launched by BlackRock. | |||
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| SEC looks to ease rules for launching ETFs | |||
| April 23, 2013--The U.S. Securities and Exchange Commission may revive a proposal that would make it easier and cheaper to launch certain kinds of exchange-traded funds, according to interviews with SEC staff. | |||
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| T. Rowe: No immediate plans to offer active ETFs | |||
| April 23, 2013--T. Rowe Price Group Inc. has no immediate plans to begin offering active exchange-traded funds, the company's vice chairman told stockholders Tuesday at the company's annual meeting. | |||
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| SEC Grants Exchange Traded Concepts Exemptive Relief for Actively Managed ETF Products | |||
| ETC is First White Label ETF Platform with Both Active and Passive Relief April 23, 2013--The Securities and Exchange Commission (SEC) has granted exemptive relief to Exchange Traded Concepts, LLC (ETC) to allow the white-label exchange-traded fund sponsor to bring actively managed ETF products to market. | |||
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| ProShares Switches Euro ETF Index to FTSE | |||
| April 23, 2013--EPV will switch away from MSCI indexes to FTSE based benchmarks. As of today, UPV now aims for 2x or 200% daily performance to the FTSE Developed Europe Index, while EPV aims for -2x or 200% daily opposite performance to the same index. | |||
| read more | |||
| First Trust files with the SEC | |||
| April 23, 2013--First Trust has filed a amendment no.1 to a application for exemptive relief with the SEC. | |||
| read more | |||
| Morgan Stanley-US ETF Weekly Update | |||
| April 23, 2013--US ETF Weekly Update
Weekly Flows: $8.5 Billion Net Outflows ETF Assets Stand at $1.4 Trillion, up 7% YTD 12 ETF Launches Van Eck to Change Benchmark on Two ETFs Vanguard Transitions Indices on Eight ETFs | |||
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| SEI Study: Active Exchange Traded Funds Will Help Fuel Sector's Next Growth Phase | |||
| April 22, 2013--While actively managed exchange traded funds (ETFs) currently make up less than 1 percent of the global ETF market, a new paper released by SEI predicts the vehicles will be a major contributor to the next phase of ETF expansion, ultimately competing with traditional active mutual funds for market share. | |||
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| Fidelity files with the SEC | |||
| April 22, 2013--Fidelity has filed a second amended and restated application for exemptive relief with the SEC for actively-managed ETFs. | |||
| read more | |||
| BlackRock Launches iSharesBondsTM Corporate ex-Financials Term ETFs | |||
| Matures like a bond, trades like a stock, diversified like a fund
Supported by BlackRock Solutions(R) analytics April 19, 2013--BlackRock, Inc. (NYSE: BLK) announced today that its iShares Exchange Traded Funds (ETFs) business, the world's largest manager of ETFs, has launched four iSharesBondsTM Corporate ex-Financials Term ETFs. | |||
| read more |