ETFs that don’t disclose holdings daily set for SEC nod GlobeInvestor
Market regulators are poised to approve trading of a new kind of product that could bring more stockpickers to U.S. exchange-traded funds, according to a filing on Monday.
The Precidian funds will disclose daily holdings only to a new subset of professional trader called the “authorized participant representative” in order to facilitate the process of creation and redemption of ETF shares, the filing said.
The new products could potentially spur fund managers to offer more active ETFs and improve their performance by not revealing their trading strategies to rivals.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Homeland Security Sec. Nielsen resigns amid border turmoilWASHINGTON — Homeland Security Secretary Kirstjen Nielsen resigned on Sunday amid the administration’s growing frustration and bitterness over the number of Central American families cr…
Read more »
Homeland Security Sec. Nielsen resigns amid border turmoilHomeland Security Secretary Kirstjen Nielsen resigned on Sunday amid U.S. President Donald Trump's growing frustration and bitterness over the number of Central American families crossing the southern border.
Read more »
U.S. judge orders SEC, Tesla’s Musk to meet for at least an hour to try and settle dispute over tweetsThe SEC had asked a judge to hold Musk in contempt over a Feb. 19 tweet in which the agency said he had improperly posted material information about Tesla’s vehicle production outlook without first seeking approval from its lawyers
Read more »
Homeland Security Sec. Nielsen resigns amid border turmoilHomeland Security Secretary Kirstjen Nielsen resigned on Sunday amid U.S. President Donald Trump's growing frustration and bitterness over the number of Central American families crossing the southern border.
Read more »
Homeland Security Sec. Nielsen resigns amid border turmoilWASHINGTON — Homeland Security Secretary Kirstjen Nielsen resigned on Sunday amid the administration’s growing frustration and bitterness over the number of Central American families cr…
Read more »
Thousands of educators holding rally outside Queen's ParkThousands of educators from across the province are expected to gather at Queen’s Park this afternoon to protest the planned elimination of more than 3,000 teaching jobs over the next four years and call on the province to boost funding for education.
Read more »