Law firms are evolving. This evolution is in response to market pressure demanding that firms do more with less.1 To meet this demand, law firms are striving to reduce costs, improve efficiencies, and differentiate from rival firms.2 This blog is the first in a two part series, examining the evolution of law firms. This first…
Author: Tyler Replogle
Exchange-Traded Funds (ETFs): Creation, Operation, and Organization under the Investment Company Act of 1940
An exchange-traded fund (“ETF”) provides securities that offer institutional investment strategies, such as those offered by a mutual fund, but makes them available on security exchanges, just like stocks.1 Consequently, this unique and dynamic investment vehicle has grown rapidly since the first ETF began operation in 1993.2 $1.4 trillion of net new ETF shares have…
Exchange-Traded Funds (ETFs): Creation, Operation, and Organization under the Investment Company Act of 1940
An exchange-traded fund (“ETF”) provides securities that offer institutional investment strategies, such as those offered by a mutual fund, but makes them available on security exchanges, just like stocks.1 Consequently, this unique and dynamic investment vehicle has grown rapidly since the first ETF began operation in 1993.2 $1.4 trillion of net new ETF shares have…