The senator expresseed concern that the proposal would unfairly burden carbon-intensive energy companies.
The exchange-traded fund is sub-advised by Nuveen Asset Management, a unit of TIAA.
Investors in the $1.6 billion of bonds issued by GWG face dire consequence if the alternative asset manager files for bankruptcy.
Designed to go up in value when rates rise, the FolioBeyond Rising Rates ETF is well suited to the current environment.
The 52-year-old asset manager with nearly $20 billion under management will become a subsidiary of Callodine Group.
The Avantis Responsible U.S. Equity, International Equity and Emerging Markets ETFs join Avantis’ current line of 11 exchange-traded ETFs.
Issuer reduces the expense ratio on the $85 billion iShares Core U.S. Aggregate Bond ETF to 0.03% from 0.04%.
Roughly 86% of last year's net inflows went into collective investment trusts, which now hold 45% of total TDF assets.
The SEC will be on guard against greenwashing, and it also will probe RIAs regarding revenue sharing, 12b-1 fees and wrap-fee accounts.
The risk-analysis platform plans to more than double its bond coverage by adding 800,000 more individual bonds this year.
The SEC didn't approve a request from Chubb to keep the shareholder resolution off the proxy ballot for its May 19 meeting.
The $1.5 trillion investment manager is designing a full-scale ETF platform, and plans to launch its first ETFs this year.
According to the SEC, Ambassador Advisors generated at least $777,000 in fees by investing in 12b-1 share classes when other share classes were available for the same mutual fund.
Instead, retail investors are moving toward buying mutual funds and ETFs, which have roughly doubled their holdings of municipal securities over the last decade.
Private equity firms Clearlake Capital Group and Motive Partners announced the acquisition of Beta+ this week and plan to use the tech to enhance wealth management firms they already own.
The asset manager will vote to oust public company directors who lag on climate disclosures.
Women Adviser Summit panelists say the financial planning industry needs more advisers focusing on the LGBTQ-plus community.
The ratings are based on 11 data points per company and are designed to assess its level of freshwater-related risk as well as its management of that risk.
The asset manager is jumping into liquid alternatives, citing its clients' interest in diversifying.
The firm's CEO said the war will prompt countries to reconsider their reliance on traditional money and payment systems.
