ETF Prime: SEC’s Brian Daly on the Path for Novel ETFs

Soldiers from the US Army in a simulated village during the Combined Resolve “Greywolves” exercise at the US military Hohenfels Training Area in Hohenfels, Germany, on Thursday, April 30, 2026. Alex Kraus | Bloomberg | Getty Images The Pentagon lowered its official death toll for the Iran war to 14 from 18 in the space…

Skanska has signed a USD 1.2 billion contract with an existing client to construct four new data centers in the southeastern United States. The contract, valued at approximately SEK 11.2 billion, will be included in Skanska’s US order bookings for the third quarter of 2026, the company said. The project comprises four data centers with…

Gilt yields have moved higher, with sharp increases in both 10- and 30-year maturities, while lenders have repriced a number of mortgage products. Ahead of the Autumn Budget, Jason Hollands, managing director of Bestinvest, said the rise in government borrowing costs had created a more challenging backdrop for the Chancellor. He said: “With 30-year…

Merz’s Leadership at Risk After Historic German Election Defeat Analysis of the Election Results and Political Fallout By Andreas Rinke and Matthias Williams Historic Defeat for Merz’s Conservative Party BERLIN, Sept 21 (Reuters) – Chancellor Friedrich Merz was clinging to power on Monday after his conservative party tumbled to its worst regional election defeat in…

Eclipsing the pyramid: stablecoins and settlement – Journal of Financial Market Infrastructures Skip to main content End of drawer navigation content A “settlement eclipse” occurs when a transfer system grows large enough to occult the settlement function of a superior layer of the monetary pyramid. A “settlement eclipse” presents benefits, particularly reducing costs for private…

In the intricate framework of modern estate and tax planning, practitioners frequently employ a combination of disregarded entities and grantor trusts to achieve various valuation, liability and succession objectives. A common strategy involves a client owning a statutory limited liability company and subsequently gifting or selling interests in that LLC to one or more “defective”…