Prediction markets may prove to be an even more lucrative opportunity than sports betting as Americans’ interest in wagers grows.
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Dozens of companies recently got approval from the SEC to add ETF share classes of mutual funds and vice versa, something they’ve waited years for.
The agency granted approval to dozens of providers last week but reserved the right to bring future hearings.
The SEC halted operations last week amid the federal government shutdown, pausing dozens of ETF applications.
ETF share classes of mutual funds (and the other way around) are so close, yet so very far away, as fund boards have a lot of work ahead.
Big, multinational firms have regional expertise and may be able to swallow the costs, but smaller companies will have a harder time.
Generic listing standards for crypto exchange-traded products could open the floodgates for ETPs beyond spot Bitcoin and Ethereum.
The SEC and CFTC recently issued a rare joint statement encouraging applications for new spot crypto products.
Meg Ryan, a lecturer at Harvard with a background in military law, will take over next month as director of the SEC Division of Enforcement.
The Garden State is considering changes to rules regarding contractors and employees. Advisors don’t like it, a poll suggests.
Following revised jobs reports data, Trump fired the Bureau of Labor Statistics head. His successor choice at the BLS may raise red flags.
The agency declared it is hands-off for liquid staking in some cases, which could eventually help crypto ETFs benefit from proof-of-stake.
Financial services firms could test uses for AI in “regulatory sandboxes,” according to legislation introduced last week.
The agency approved in-kind redemptions for spot Bitcoin and Ethereum ETFs last week, but the move may just the beginning for Atkins’ SEC.
Bitcoin, Ether and other crypto ETFs are no longer limited to cash transactions — they can use in-kind creation and redemption.
The agency this week delayed approving Bitwise’s ETF conversion, a sign of hesitancy despite a crypto-friendly government.