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iShares files with SEC-iShares MSCI Ireland Capped Investable Market Index Fund
January 29, 2010--iShares has filed an amended registration statement for
iShares MSCI Ireland Capped Investable Market Index Fund
view filing
Source: SEC.gov
iShares files with the SEC -iShares MSCI Egypt Capped Investable Market Index Fund
January 29, 2010--iShares has filed an amended registration statement for
iShares MSCI Egypt Capped Investable Market Index Fund
view filing
Source: SEC.gov
iShares files with the SEC
January 29, 2010--iShares has filed an amended registration statement for
iShares MSCI Brazil Small Cap Index Fund
view filing
Source: SEC.gov
WisdomTree Announces Changes to ETF Family
January 29, 2010 – WisdomTree (Pink Sheets: WSDT - News), a leading ETF sponsor and index developer with more than $6 billion in
ETF assets under management, announced today it plans to close 10 of its ETFs. The
designated funds represent approximately 3% of WisdomTree’s ETF assets.
“We proposed the closure of 10 ETFs in order to create capacity for future growth
initiatives, and because we believe it is in the best interest of our customers and
shareholders to dedicate our resources to areas of greater client interest,” said
WisdomTree CEO Jonathan Steinberg. “We have no plans to make any further closures
and are fully committed to maintaining and developing an innovative product line,
including the introduction of new funds in the coming months.”
The Board of Directors of the WisdomTree Trust approved the closures on January 28, 2010. The final day of trading on the NYSE Arca will be Wednesday, March 24, 2010. Shareholders who do not sell their Fund shares by this date will have their shares automatically redeemed on March 29, 2010, the Funds’ last day of operations. Additional information, including an Investor FAQ document, is available at www.wisdomtree.com.
The 10 closing funds are as follows:
WisdomTree International Technology Sector Fund -Ticker:
TDB
WisdomTree International Financial Sector Fund- Ticker: DRF
WisdomTree International Health Care Sector Fund - Ticker: DBR
WisdomTree International Consumer Staples Sector Fund - Ticker: DPN
WisdomTree International Consumer Discretionary Sector Fund- Ticker: DPC
WisdomTree International Industrial Sector Fund - Ticker: DDI
WisdomTree International Communications Sector Fund - Ticker: DGG
WisdomTree Europe Total Dividend Fund - Ticker: DEB
WisdomTree Earnings Top 100 Fund -Ticker: EEZ
WisdomTree U.S. Short Term Government Income Fund- Ticker: USY
Source: Wisdom Tree
The U.S. Department of the Treasury today released the initial quarterly report for the Legacy Securities Public-Private Investment Program ("PPIP").
January 29, 2010--The U.S. Department of the Treasury today released the initial quarterly report for the Legacy Securities Public-Private Investment Program ("PPIP"). This report includes a summary of PPIP capital activity, portfolio holdings and current pricing, and fund performance. Treasury expects to provide additional information as the program matures in subsequent quarterly reports.
PPIP is designed to support market functioning and facilitate price discovery in the mortgage-backed securities markets, allowing banks and other financial institutions to re-deploy capital and extend new credit to households and businesses. The investment objective of PPIP is to generate attractive returns for taxpayers and private investors through long-term opportunistic investments in Eligible Assets (as defined below) by following predominantly a buy and hold strategy. Under the program, Treasury will invest up to $30 billion of equity and debt in public-private investment funds ("PPIFs") established by private sector fund managers for the purpose of purchasing Eligible Assets. The fund managers and private investors will also provide capital to the funds. PPIFs have eight-year terms which may be extended for consecutive periods of up to one-year each, up to a maximum of two years. To qualify for purchase by a PPIF, the securities must have been issued prior to 2009 and have originally been rated AAA – or an equivalent rating by two or more nationally recognized statistical rating organizations – without ratings enhancement and must be secured directly by the actual mortgage loans, leases, or other assets ("Eligible Assets").
view the First Quarterly PPIP Report
Source: U.S. Department of the Treasury
First Trust files with SEC
January 29, 2010--First Trust has filed an registration statement witht the SEC.
Part A - Prospectus for First Trust Developed International Markets AlphaDEX(R)
Fund and Prospectus for First Trust Emerging Markets AlphaDEX(R) Fund
Part B - Statement of Additional Information for First Trust Developed
International Markets AlphaDEX(R) Fund and Statement of Additional Information
for First Trust Emerging Markets AlphaDEX(R) Fund
view filing
Source: SEC.gov
Van Eck files with the SEC
January 29, 2010--Van Eck has filed for exemptive relief to create and operate two actively managed investment portfolios of the Trust (the “Initial Funds”) that offer exchange-traded shares (“Shares”) that are redeemable in large aggregations only.
read more
Source: SEC.gov
ShariahShares files with the SEC
January 29, 2010--ShariahShares has filed an amended application for exemptive relief.
view filing
Source: SEC.gov
First Trust files with SEC
January 29, 2010--First Trust has filed a form 485BPOS with the SEC
.view filing
Source: SEC.gov
NSX Offering Highest Exchange Rebate for Sub-Dollar Liquidity
September 29, 2010--National Stock Exchange (NSX®) is now offering the highest transaction rebate in the industry for orders that add liquidity in securities priced under $1.
Effective February 1, 2010, the rebate for transactions in securities priced under $1 will increase to 0.25% of trade value from 0.10% of trade value.
"Trade value" is defined as the dollar amount equal to the price per share multiplied by the number of shares executed.
This rebate does not apply to Order Delivery or Zero Display Orders.
NSX's aggressive sub-dollar rebate reflects the Exchange's commitment to bringing highly competitive pricing to the industry.
Source: National Stock Exchange (NSX®)