Spinnaker ETF Series files with the SEC-VectorShares Min Vol ETF
August 2, 2022-Spinnaker ETF Series has filed a Form 497K-Summary Prospectus with the SEC for the VectorShares Min Vol ETF.
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Horizon Kinetics Launches Blockchain Development Exchange Traded Fund (BCDF)
August 2, 2022--Horizon Kinetics LLC announced the launch of its second exchange traded fund (ETF), the Blockchain Development ETF (BCDF), an actively managed fund, which began trading on the New York Stock Exchange (NYSE) today.
This active ETF will be managed using the same long-term, value-oriented, and proprietary research-driven philosophy that has guided the management of the Firm’s other products over the more than 20 years since Horizon Kinetics' inception. The ETF seeks to invest in the equity of companies that stand to benefit, either directly or indirectly, from the issuance, facilitation, custody, trading and administration of digital assets, including cryptocurrencies.
SEC Charges Eleven Individuals in $300 Million Crypto Pyramid Scheme
August 1, 2022--Alleged Fraudulent Blockchain Scheme Spanned Multiple Countries Including U.S., Russia
The Securities and Exchange Commission today charged 11 individuals for their roles in creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme that raised more than $300 million from millions of retail investors worldwide, including in the United States.
Those charged include the four founders of Forsage, who were last known to be living in Russia, the Republic of Georgia, and Indonesia, as well as three U.S.-based promoters engaged by the founders to endorse Forsage on its website and social media platforms, and several members of the so-called Crypto Crusaders-the largest promotional group for the scheme that operated in the United States from at least five different states.
Starboard Investment Trust files with the SEC-AI Quality Growth ETF and RH Tactical Rotation ETF
August 1, 2022--Starboard Investment Trust has filed a a post-effective amendment, registration statement with the SEC for the
AI Quality Growth ETF
RH Tactical Rotation ETF.
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Tidal ETF Trust files with the SEC-SonicShares Global Shipping ETF
August 1, 2022--Tidal ETF Trust has filed a Form 497K-Summary Prospectus with the SEC for the SonicShares Global Shipping ETF.
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Exchange Traded Concepts Trust files with the SEC-Bitwise Crypto Industry Innovators ETF
August 1, 2022-Exchange Traded Concepts Trust has filed a Form 497K-Summary Prospectus with the SEC for the Bitwise Crypto Industry Innovators ETF.
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AIM ETF Products Trust files with the SEC-3 AllianzIM U.S. Large Cap ETFs
July 29, 2022--AIM ETF Products Trust has filed a a post-effective amendment, registration statement with the SEC for the
AllianzIM U.S. Large Cap Buffer10 OctETF
AllianzIM U.S. Large Cap Buffer 20 Oct ETF
Allianz IM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF.
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BNY Mellon ETF Trust files with the SEC-BNY Mellon Global Infrastructure Income ETF
July 29, 2022--BNY Mellon ETF Trust has filed a a post-effective amendment, registration statement with the SEC for the BNY Mellon Global Infrastructure Income ETF.
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Emerge ETF Trust files with the SEC-5 Emerge EMPWR Sustainable ETFs
July 29, 2022--Emerge ETF Trust has filed a Pre-Effective Amendment, Registration statement with the SEC for the Emerge EMPWR Sustainable Dividend Equity ETF
Emerge EMPWR Sustainable Select Growth Equity ETF
Emerge EMPWR Sustainable Global Core Equity ETF
Emerge EMPWR Sustainable Emerging Markets Equity ETF
Emerge EMPWR Unified Sustainable Equity ETF.
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First Trust Exchange-Traded Fund VI files with the SEC
July 29, 2022--First Trust Exchange-Traded Fund VI has filed a a post-effective amendment, registration statement with the SEC for the First Trust Nasdaq Bank ETF, First Trust Nasdaq Food & Beverage ETF, First Trust Nasdaq Oil & Gas ETF, First Trust Nasdaq Pharmaceuticals ETF, First Trust Nasdaq Semiconductor ETF and First Trust Nasdaq Transportation ETF;
Prospectus for Developed International Equity Select ETF, Emerging Markets Equity Select ETF, Large Cap US Equity Select ETF, Mid Cap US Equity Select ETF, Small Cap US Equity Select ETF and US Equity Dividend Select ETF; Prospectus for First Trust S-Network E-Commerce ETF; Prospectus for First Trust Indxx Medical Devices ETF; Prospectus for First Trust S-Network Streaming & Gaming ETF; Prospectus for First Trust S-Network Healthcare Technology ETF.
Exchange Traded Concepts Trust files with the SEC-Bitwise Crypto Industry Innovators ETF
ETF Opportunities Trust files with the SEC-3 Formidable ETFs
July 29, 2022--ETF Opportunities Trust has filed a a post-effective amendment, registration statement with the SEC for the
Formidable ETF
Formidable Small/Mid Cap ETF
Formidable Fortress ETF.
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Exchange Traded Concepts Trust files with the SEC-Bitwise Crypto Industry Innovators ETF
July 29, 2022--Exchange Traded Concepts Trust has filed a a post-effective amendment, registration statement with the SEC for the Bitwise Crypto Industry Innovators ETF.
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Exchange Listed Funds Trust files with the SEC-ETC Gavekal Asia Pacific Government Bond ETF
July 29, 2022--Exchange Listed Funds Trust has filed a a post-effective amendment, registration statement with the SEC for the ETC Gavekal Asia Pacific Government Bond ETF (formerly, Gavekal Asia Pacific Government Bond ETF).
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The Lipstick Effect: Do Recessions Really Make Us Buy More Makeup?
July 29, 2022--Lipstick is a staple beauty product; whether you're 22 or 62, you likely own at least one. My mom typically wore red Rimmel lipstick every day when I was growing up. Like many kids, I would try on her lipsticks before I was able to buy my own. From her, I learned to find comfort in applying a classic matte red to my lips.
Sky-high inflation has recently led to significant increases in the cost of living in countries such as the United Kingdom and the United States, and experts have warned there could be a recession on the way. In such circumstances, you might assume there would be a decline in spending on lipstick.
Federal Reserve Annual Report
July 29, 2022--This report covers the calendar-year operations and activities carried out by the Board in its five key functional areas: (1) monetary policy, (2) financial stability, (3) supervision and regulation, (4) payment system and Reserve Bank oversight, and (5) consumer and community affairs.
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