SEC gives green light to active, non-transparent ETF

The Precidian structure, branded ActiveShares, would provide disclosure only to a broker acting as an "authorized participant representative" that either buys or liquidates the portfolio basket in exchange for cash.


SEC Awards $4.5 Million to Whistleblower

This information prompted the company to review the whistleblower’s allegations of misconduct and led the company to report the allegations to the SEC and the other agency.


The long reach of US law

But the ambit of overseas US law enforcement goes beyond terror, drugs and strongmen.