Aiming to solve the puzzle of active ETFs
Bringing to market actively managed exchange traded funds has proved to be an elusive goal, but at least six managers think that they have the secret formula to make these vehicles work.
New opportunities for infrastructure investors
Renewed government confidence in privatization and a robust secondary market could create new homes for committed capital waiting to be invested in infrastructure, according to a study by Ernst & Young LLP.
Community Leadership Awards
Ken Clark, Barry Glassman, Gerry Strid and Arnerich Massena & Associates Inc. were named winners of the 2007 Community Leadership Awards, which were presented by the Invest in Others Charitable Foundation and InvestmentNews, late last month in New York.
Toronto bank to buy Commerce Bancorp
TD Bank Financial Group of Toronto will acquire Commerce Bancorp Inc. for $8.5 billion in an effort to expand its presence in the United States.
Capital gains rules eyed
Companion bills renew a past congressional attempt to make it harder for taxpayers to avoid paying capital gains taxes on certain investments.
Bill seeks restrictions on COLI policies
Corporate-owned life insurance would face new restrictions under a bill sitting in a House subcommittee.
Capital-gains parity for art at a standstill
Several measures that would put art and collectibles’ tax treatment on par with other investments are sitting in committee.
Principal trades still OK
Securities regulators voted last month to adopt a temporary rule allowing brokers with non-discretionary advisory accounts to continue making principal trades.
Broker exception for banks gets nod
The SEC and Federal Reserve last month approved rules that will allow banks to continue selling some securities products and services without registering as brokers.
Deferred VA rule gets nod
The Securities and Exchange Commission last month approved a FINRA rule governing the sale of deferred variable annuities.
