In the Margins
Fidelity Investments has applied to the Securities and Exchange Commission to offer exchange-traded funds that track customized indexes. Fidelity's proposed self-indexing ETFs follow a proprietary index developed by the manager instead of tracking an outside benchmark. Read the original story from Bloomberg.
Most Read
Securities and Exchange Commission Chairman Gary Gensler’s fast and furious rulemaking era will soon be ending, and it is a good time to take stock of ...
Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...
The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...
The bottom line: In the near term, it’s not likely that the roles and activities of mutual fund directors will change much. There will be no ...