Archive

Archive for August, 2009

U.S. One Inc. Proposes New Fund Of Fund ETF

August 7th, 2009

comingsooonIndex Universe reports, “A new fund-of-funds is being proposed by a new entrant into the exchange-traded funds market.The ETF would be run by a trust established by U.S. One Inc. of Reno, Nev. According to a recently filed request Read more…

ETF BASIC NEWS, ONEF

Chris Cook: Energy ETFs Not To Blame

August 7th, 2009

oil-etfAll this week, the Commodity Futures Trading Commission (CFTC) has conducted hearings investigating the role of speculation in the energy markets. And while the end results remain to be seen, one thing seems certain: Position limits are coming to an exchange near you – maybe even as early as this fall. Read more…

ETF BASIC NEWS, UNG, USO

Morgan Stanley Smith Barney Tightens Leveraged ETF policy

August 7th, 2009

morganstanleyReuters is reporting that Morgan Stanley Smith Barney is placing new restrictions on the sale of leveraged exchange-traded funds. Reuters reports, “ MSSB, said it will no longer solicit purchases of Read more…

ETF BASIC NEWS, NYSE:FAS, NYSE:FAZ

KBW Announces Changes to KBW Mortgage Finance Index (MFX), ETF Symbol: (KME)

August 7th, 2009

changeKeefe, Bruyette & Woods, Inc., a full-service investment bank that specializes in the financial services sector, and a wholly owned subsidiary of KBW, Inc. (NYSE: KBW), announced upcoming changes to the KBW Mortgage Finance Index Read more…

ETF BASIC NEWS, KME

Lawsuit Filed Against ProShares UltraShort Real Estate Fund (ETF-SRS)

August 6th, 2009

lawsuit-filed(GLOBE NEWSWIRE) — Labaton Sucharow LLP filed a class action lawsuit on August 5, 2009 in the United States District Court for the Southern District of New York, on behalf of all persons who purchased or otherwise acquired shares in the UltraShort Real Estate ProShares fund (the “SRS Fund”) Read more…

ETF BASIC NEWS, SRS

Leveraged and Short ETF Lawsuits On The Way?

August 6th, 2009

lawsuit(GLOBE NEWSWIRE) — The securities law firm of Dimond Kaplan & Rothstein, P.A. www.dkrpa.com announced today that it is investigating claims involving investment losses in leveraged and short exchange traded funds Read more…

ETF BASIC NEWS

Testimony Of John Arnold Before The CFTC

August 6th, 2009

johnarnoldChairman Gensler, distinguished Commissioners and staff of the CFTC, thankyou for the opportunity to appear in coordination with Managed Funds Association and provide testimony at this hearing. The opinions expressed in my testimony are my own and Read more…

ETF BASIC NEWS

Testimony Of John Hyland Before The CFTC Regarding Commodity ETFs

August 6th, 2009

johnhylandI appreciate the opportunity to speak with you today on behalf of United States Commodity Funds LLC (“USCF”), a commodity pool operator registered with the Commodity Futures Trading Commission (“CFTC”), that manages several exchange traded commodity Read more…

ETF BASIC NEWS, UNG, USO

The Energy ETF Blame Game

August 6th, 2009

blameThe last day of CFTC hearings found two well-known managers of funds, that invest heavily in energy commodities, telling regulators not to set limits. Leading the charge was billionaire hedgefund manager John Arnold who calls Read more…

ETF BASIC NEWS, UNG, USO

Where To Invest Today With ETFs (JKJ, EFA, EEM)

August 5th, 2009

paulnolteFox Business brought in market experts Alec Young, Paul Nolte, and Scott Wren to give investing tips for today’s market. Paul likes equity markets and suggests investing through the iShares Morningstar Small Core Index (JKJ) Read more…

ETF BASIC NEWS, JKJ, NYSE:EEM, NYSE:EFA

Procter & Gamble Bullies This Consumer Staples ETF (XLP, PSL, RHS)

August 5th, 2009

bully“Procter & Gamble(PG) fell 3.5% early today, dragging Consumer Staples Select Sector SPDR(XLP) down 1.16% with it. P&G’s slide comes in the wake of a fiscal fourth-quarter earnings drop of 18% from the previous year Read more…

ETF BASIC NEWS, PSL, RHS, XLP

Tech Leading The Way

August 5th, 2009

bradyCNBC hosted a somewhat maddening debate yesterday on tech and the economy. The panel included Jerry Bowyer, Bowyer Media; Eric Maronak, Victory Capital; Scott Richter, Fifth Third; Read more…

ETF BASIC NEWS

ETF Deathwatch Report For August 2009

August 5th, 2009

deathrowRon Rowland from www.investwithanedge.com reports his monthly ETF DeathWatch for August 2009: The number of exchange-traded products on Deathwatch increased for the first time in five months.  This month’s list of 142 names is up from 134 last month Read more…

ETF BASIC NEWS

A Bright Outlook For The Gold ETF (GLD)

August 5th, 2009

3-16-09-gold-125x125“Gold prices had an excellent run last week, led by the extensive fall in the US dollar and strong rally in the equity markets. The rise in crude oil prices also resulted in lifting bullion. The US currency showcased the biggest decline in a month against euro last week as US data showed that the world’s largest economy Read more…

ETF BASIC NEWS, NYSE:GLD

Claymore Investments announces Second Annual Claymore’s Next Top Model Summer ETF Competition

August 4th, 2009

smileClaymore Investments, Inc. (“Claymore”) is pleased to announce its Second Annual Claymore’s Next Top Model Summer ETF Competition.

Claymore is launching the competition on the heels Read more…

ETF BASIC NEWS

Copyright 2009-2012 ETFDAILYNEWS.COM

LOG