Americas ETP News up to 1 year Ago
Zacks Trust files with the SEC-Zacks Small/Mid Cap ETF
August 25, 2023- Zacks Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Zacks Small/Mid Cap ETF.
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J.P. Morgan Exchange-Traded Fund Trust files with the SEC-JPMorgan Active Bond ETF
August 25, 2023- J.P. Morgan Exchange-Traded Fund Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the JPMorgan Active Bond ETF.
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ETFGI reports ETFs industry in the United States gathered net inflows of US$15.37 billion US in August
September 25, 2023- ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that the ETFs industry in the United States gathered US$15.37 billion in net inflows during August, bringing year-to-date net inflows to US$300.04 billion.
Assets have increased 14.5% year-to-date in 2023, going from $6.51 trillion at end of 2022 to $7.45 trillion, according to ETFGI's August 2023 US ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
ETFs industry in the United States gathered net inflows of $15.37 Bn in August.
YTD net inflows of $300.04 Bn are the third highest on record, while the highest recorded YTD net inflows are of $594.41 Bn for 2021 and YTD net inflows of $386.21 Bn in 2022.
16th month of consecutive net inflows.
Assets of $7.45 Tn invested in the ETFs industry in the United States in August.
Assets increased 14.5% YTD in 2023, going from $6.51 Tn at end of 2022 to $7.45 Tn.
Nick King appointed to lead Robeco's ETF introduction
September 25, 2023--Robeco today announces the appointment of Nick King as Head of Exchange Traded Funds (ETFs), as per October. As part of its 2021-2025 Strategy, Robeco is planning to expand its current investment capabilities with an ETF platform.
Nick King brings valuable experience to Robeco, having previously served in senior roles at Fidelity International and BlackRock, where he specialized in ETF product development, portfolio management, and distribution across various asset classes. King's expertise will be key in steering Robeco's development into the ETF market.
VanEck commodities ETF highlights complexities of investing
September 24, 2023--CMCI investors have to take views on inflation expectations, the transition economy and how long they plan to hold it
VanEck's decision last month to launch an exchange traded fund version of its $570mn constant maturity commodities index mutual fund highlights some of the issues around using such ETFs.
Despite VanEck's strong conviction in the strategy, it has taken it 13 years since the launch of the mutual fund to unveil an ETF version.
"Following a difficult bear market in commodities that began in the middle of the last decade, we are excited to expand our offerings to those investors that prefer the features of exchange traded funds, such as intraday liquidity, at a time when more investors are considering the merits of commodities in their portfolio," said Brandon Rakszawski, senior ETF product manager at VanEck.
Vanguard Malvern Funds files with the SEC-Vanguard Core Bond ETF and Vanguard Core-Plus Bond ETF
September 22, 2023--Vanguard Malvern Funds has filed a Form N-1A Registration Statement, Post-effective amendment with the SEC for the
Vanguard Core Bond ETF
Vanguard Core-Plus Bond ETF.
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SEC Charges Citadel Securities for Violating Order Marking Requirements of Short Sale Regulations
September 22, 2023--The Securities and Exchange Commission today announced settled charges against broker-dealer Citadel Securities LLC for violating a provision of Regulation SHO, the regulatory framework designed to address abusive short selling practices, which requires broker-dealers to mark sale orders as long, short, or short exempt.
These records are routinely used by regulators in policing prohibited short selling activity. To settle the SEC's charges, Miami-based Citadel Securities agreed to pay a $7 million penalty.
According to the SEC's order, for a five-year period, it is estimated that Citadel Securities incorrectly marked millions of orders, inaccurately denoting that certain short sales were long sales and vice versa. The SEC's order finds that the inaccurate marks resulted from a coding error in Citadel Securities's automated trading system and that the firm provided the inaccurate data to regulators, including the SEC during this period.
2023 ETF Series Trust files with the SEC-3 Brandes ETFs and Eagle Capital Select Equity ETF
September 22, 2023--2023 ETF Series Trust has filed a Pre-Effective Amendment, Form N-1A Registration Statement with the SEC for the
Brandes International ETF
Brandes U.S. Small-Mid Cap Value ETF
Brandes U.S. Value ETF
Eagle Capital Select Equity ETF.
view filing
ETF Series Solutions files with the SEC-3 ClearShares ETFs
September 22, 2023--BlackRock ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the
ClearShares OCIO ETF
ClearShares Ultra-Short Maturity ETF
ClearShares Piton Intermediate Fixed Income ETF.
view filing
Goldman to Pay SEC $6 Million in Penalties for Providing Deficient Blue Sheet Data
September 22, 2023--The Securities and Exchange Commission today announced settled charges against Goldman Sachs & Co. LLC for failing to provide complete and accurate securities trading information, known as blue sheet data, to the SEC. Goldman agreed to pay a $6 million penalty to resolve the SEC's charges.
According to the SEC's order, over a period of approximately ten years, Goldman made more than 22,000 deficient blue sheet submissions to the SEC. The order finds that, as a result of 43 different types of errors, these submissions contained missing or inaccurate trade data for at least 163 million transactions. The order further finds that Goldman lacked adequate processes to verify the accuracy of its electronic blue sheet submissions.
