Former Western Asset Co-CIO Leech Consents to $3 Million SEC Judgment
The U.S. Securities and Exchange Commission on October 6, 2026, moved for entry of a final judgment by consent against Stephen Kenneth Leech II, the former co-chief investment officer of registered investment adviser Western Asset Management Company LLC, in the…
Freshworks to Replace BioLife Solutions in S&P SmallCap 600
S&P Dow Jones Indices announced on October 5, 2026 that Freshworks Inc. will replace BioLife Solutions Inc. in the S&P SmallCap 600, effective prior to the open of trading on October 8, 2026. S&P MidCap 400 constituent Repligen Corp. is…
Moderna Joins Nasdaq-100 Index Replacing Warner Bros. Discovery
Nasdaq announced on October 1, 2026 that Moderna, Inc. will become a component of the Nasdaq-100 Index (NDX), replacing Warner Bros. Discovery, Inc. prior to market open on Friday, October 9, 2026. The announcement directed market participants to indexes.nasdaq.com for…
Vylor Replaces Corteva in S&P 500 After Completed Spin-Off
S&P Dow Jones Indices announced on October 1, 2026 that Vylor Inc. was added to the S&P 500 that day, replacing Corteva Inc after Corteva completed the spin-off of Vylor, and it set eleven further additions and deletions across the…
FTSE Russell Debuts Thematic Index Series Built on MarketPsych AI
FTSE Russell, LSEG’s global index provider, on September 29, 2026 announced the launch of the FTSE MarketPsych Thematic Index Series, a family of thematic equity indices developed in partnership with MarketPsych, which the announcement describes as a leader in sentiment-driven…
Blackstone Private Markets Fund BXPM Launches for Non-U.S. Investors
Blackstone announced on September 24, 2026, the launch of Blackstone Private Markets Fund (BXPM), a new perpetual flagship strategy providing simplified access to the firm’s private markets platform in a single allocation. In its launch announcement, the firm said the…
ETF Creation and Redemption: Why Prices Stay Near NAV
A first-principles guide to ETF Creation and Redemption, including its operating chain, economics, authoritative records, failure modes, and the evidence investors or operators should verify.
State Street MyIncome Suite Tops $1 Billion With Three New Bond ETFs
State Street Investment Management on September 23, 2026, announced the launch of three actively managed target maturity bond ETFs, expanding its MyIncome ETF suite as assets in the suite surpassed $1 billion. The new funds are the State Street My2036…
SEC Proposes Shareholder Proposal Rule Rescission and Proxy Updates
The Securities and Exchange Commission on Sept. 16, 2026, proposed to rescind Rule 14a-8 under the Securities Exchange Act of 1934, the federal rule that addresses when companies must include shareholder proposals in their proxy materials, stating that the rule…
S&P Dow Jones Indices Adds Bloom Energy, Illumina, Everpure to S&P 500
S&P Dow Jones Indices announced on September 4, 2026, that Bloom Energy , Illumina, and Everpure will join the S&P 500, replacing Molson Coors Beverage , The Trade Desk , and Builders FirstSource , in a quarterly rebalance that also…
SEC Proposes Rescinding Pay-to-Play Rule for Investment Advisers
The Securities and Exchange Commission on September 3, 2026, issued a proposal to rescind its “pay-to-play” rule for investment advisers, a regulation in place since 2010 that prohibits advisers from providing compensated advisory services to a government client for two…
UC Investments Backs New State Street Endowment ETF With $2.5 Billion
State Street Investment Management on September 2, 2026, launched the State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF, backed by a $2.5 billion anchor investment from UC Investments, the investment arm of the University of California. State Street…
State Street to Liquidate Three SPDR ETFs Holding a Combined $55 Million
State Street Investment Management said on August 20, 2026 that it will close and liquidate three of its US-listed ETFs in February 2027, trimming two thematic equity funds from its SPDR Kensho suite and an actively managed municipal bond fund…
