Jefferies Seeks ETF Exemption From SEC
September 01, 2009 9:27 pm
|
Jefferies Asset Management, a subsidiary of Jefferies Group, has taken the first steps to entering the U.S. ETF market with the filing of a 40-APP seeking the necessary exemptions from the Securities & Exchange Commission. The filing provides rough details on two initial funds – one that would cover domestic equities and one that would cover domestic fixed income issues. It also indicates that the firm plans to launch additional funds after the first two. Both of the initial funds would track indexes, although no details were provided about the underlying indexes or their providers. Jefferies Group main subsidiary Jefferies & Company is a global investment bank with operations in 25 cities. Read the initial 40-APP filing here. |
© Copyright IndexUniverse.com 2009, All rights reserved. Permalink
48 Zombie ETFs
You are right, Dave, that some small ETFs can be late bloomers, attracting significant assets after months or years of gathering dust.
Bringing Light Into The ETF Darkness
Sometimes it takes a big flashlight to illuminate something as murky as ETF spreads.
|
|
|
|
RAFI Bonds, Big Data & Fees
Dave Nadig and Matt Hougan dissect the July ETF flows data, parse the new RAFI bond ETF and whinge about the SEC's inaction on 12b-1 fees. See All
