Capital markets

Since this March, almost 100 firms have settled with the regulator for approximately $173 million. Other cases are still pending.

Among the honors this year by NICSA are awards for operational excellence, and advances in product development and technology.

More than 70% of U.S. ETF assets are in funds that charge 2 basis points or less, data show. But free isn’t an automatic ticket to success.

The asset managers and a U.S. family office collectively bought a 14.4% position in the company ahead of its IPO, a person familiar with the matter says.

The cost savings of peer-to-peer trading could prove appealing in a world where profits are being squeezed by a race to the bottom on fees.

At more than twice the price of the average fund, many with the even biggest gains still underperformed the broader market over the last decade.

A patented structure allows ETFs to report once a quarter in an effort to protect their intellectual property.

Several major deals have accelerated buying momentum.

The regulator says it eliminated the need for providers to seek a special order from the agency before funds can be sold to investors.

Deviation from the broader market has left more than half of these products with losses during a time the Dow and S&P 500 each posted double-digit gains.