In the Margins
Nasdaq is accusing a New Jersey company ETF Managers Group LLC of stealing an exchange-traded funds franchise worth more than $1 billion, including the world’s biggest cybersecurity ETF, according to a civil complaint filed last week in the U.S. District Court for the Southern District of New York. Nasdaq asked the court for compensatory and punitive damages, and to enjoin ETF Managers Group from involvement in the funds. Read the original story from The Wall Street Journal.
Most Read
Mutual fund boardrooms are more diverse than ever, with the percentage of women and individuals representing a racial or ethnic minority group increasing annually—and at a ...
Independent mutual fund directors earned more in 2022 than they did in 2021, according to industry data obtained by Fund Board Views. The year-on-year increase—a median of ...
Jay Baris, a partner in the Investment Funds group at Sidley Austin, has gotten into podcasting. The '40 Act lawyer is not just a podcast enthusiast, ...
The Securities and Exchange Commission's move away from swing pricing in the money market fund rule finalized last week was welcomed by the fund board community, ...