The earlier-than-expected decision from the SEC could suggest a 2022 approval for a pure Bitcoin fund may not be in the cards either.
Roisman, who has been a commissioner since 2018, played a key role in Trump-era efforts by the SEC to rein in proxy advisory firms and to make it easier for companies to block submissions from newer stockholders.
Bitcoin’s share of the crypto market shrank dramatically over 2021 as other tokens rocketed, a sign of how investor interest in digital assets broadened out despite — or perhaps because of — enormous volatility.
A judge denied Gwen Campbell's request to temporarily bar fellow bankers at JPMorgan from soliciting business from clients she brought with her from BofA, clients who reportedly include former New York Yankees star Alex Rodriguez.
The asset manager is lowering fees on 47 mutual funds and three ETFs, which it says amounts to a 13% reduction on an asset-weighted basis.
The central bank also said it will double the pace at which it's scaling back purchases of Treasuries and mortgage-backed securities, putting the program on track to conclude in early 2022 rather than at midyear.
The asset manager plans to convert two mutual funds holding roughly $250 million in assets into exchange-traded funds by the third or fourth quarter of next year.
The Glasgow Financial Alliance for Net Zero is finding its can't attract some of the top names in asset management, including Pimco, Fidelity Investments and Capital Group.
The firm, which counts some of the biggest Wall Street banks as its partners, was valued at more than $7 billion in the round.
More than half of the individuals and families surveyed by BNP Paribas and Aon said they're altering the timetable for stepping away from their companies, with 41% delaying or phasing more slowly into a move.
