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Van Eck files with the SEC-European Sovereign Bond ETF
April 15, 2011--Market Vectors files a post-effective amendment, registration statement with the SEC for the European Sovereign Bond ETF.
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Source: SEC.gov
Van Eck files with the SEC
April 14, 2011--Market Vectors files a post-effective amendment, registration statement with the SEC for the European High Yield Bond ETF.
view filing
Source: SEC.gov
FIrst Trust files with the SEC
April 15, 2011--First Trust has filed an Amendment No. 2 to the Application to amend an Order for exemptive relief.
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Source: SEC.gov
Russell, US One Trust file with the SEC.
April 15, 2011--Russell, US One Trust have filed an amended application for exemptive relief with the SEC for actively- managed exchange-traded funds('ETFs').
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Source: SEC.gov
Legg Mason files with the SEC
April 15, 2011--Legg Mason has filed a second and restated application for exemptive relief with the SEC.
view filing
Source: SEC.gov
ProShares files with the SEC
April 15, 2011--ProShares has filed a registration statement with the SEC.
view filing
Source: SEC.gov
NYSE Euronext Upgrades Intellidex Series Of Indexes
April 15, 2011--NYSE Euronext today announced the release date for its updated Intellidex series of indexes that will be effective at the open of trading on June 2, 2011.
The Intellidex indexes were developed by NYSE Euronext and leverages the company’s operational and listed product expertise to implement a uniquely focused, quantitatively-based methodology. Designed to offer investors a series of indexes with a comprehensive range of fundamental and quantitative characteristics, the Intellidex products have been enhanced to offer an even greater depth and refinement of various key weights and factors that enable investors to choose among and execute a wide range of sophisticated strategies,
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Source: NYSE Euronext
Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index
April 15, 2011--Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Friday, April 15, 2011:
Kria Resources Ltd. (TSXVN:KIA) will be removed from the index.
The shares of the company have been acquired by Trevali Resources Corp. (TSX:TV) through a Plan of Arrangement.
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
Source: Standard & Poors
Canadian Securities Regulators Update Registration Regime for Registrants
April 15, 2011-- The Canadian Securities Administrators (CSA) announced today that they have updated the regulatory framework for firms and individuals who deal in securities, provide investment advice or manage investment funds.
The revised framework adds timely amendments to the CSA’s comprehensive 2009 registration reform initiative, which modernized the existing registration rules into a harmonized regime for the CSA and Self Regulatory Organizations.
“These amendments are the result of our continuing dialogue with market participants and regulators to address questions and concerns that have arisen in the course of working with the National Registration Rules,” said Bill Rice, Chair of the CSA and Chair and Chief Executive Officer of the Alberta Securities Commission. “We believe these amendments will improve the day-to-day operation of the Instrument for both industry and regulators.”
Columbia Management To Enter Active ETF Market
April 15, 2011--Columbia Management Investment Advisers, LLC, today announced an agreement to acquire Grail Advisors, LLC, a registered investment adviser that offers actively managed exchange-traded funds (ETFs). The deal will provide Columbia Management with active ETF capabilities, adding to its broad product line-up. Active ETFs combine the potential benefits of traditional ETF investing with active portfolio management.
The transaction is expected to close in May. Terms are not disclosed.
“This jump starts our entrance into active ETFs,” said Colin Moore, chief investment officer of Columbia Management. “It will enhance our already deep product line-up and allow us to reach even more investors with our broad investment management capabilities. We intend to utilize this acquisition to build an extensive offering of actively managed ETFs over time.”
“As a leading asset manager, we work with a broad array of valued distribution partners, and we look forward to working with these firms to grow the actively managed ETF market, which can benefit them and their clients,” said Mike Jones, president of Columbia Management. “We offer a wide range of product solutions that is strengthened by the addition of active ETFs.”
Source: Columbia Management: