Legal Research

Actively-Managed ETFs Receive Preliminary SEC Approval
The SEC will soon approve actively-managed ETFs (Exchange-Traded Funds) -- mutual funds whose shares trade like stock. Currently, all ETFs track an index. The industry has sought this move for some time, but the SEC has had several concerns, including...

Austrac issues replacement declaration on managed investment schemes
The Austrac declaration relating to managed investment schemes has been updated. This declaration instrument deals with section 28 of the AML/CTF Act applying to certain managed investment schemes' customers before 31 January 2008...

How I’m Feeling
After starting my new job this week, this is how my heart feels. The position (so far) is better than I could have imagined. The people are friendly (but not in an intrusive way)...

The Return of Managed Care
On Wednesday, the Boston Globe ran an editorial by two physicians arguing that the State of Massachusetts, facing a budget deficit in its subsidy for universal health insurance, needs to revisit managed care...

AML and managed investment schemes
Austrac has announced that it is anticipated that regulations will take effect from late January 2008, designed to ensure that companies who carry on a business of issuing or selling interests in managed investment schemes are providing a designated service...

Exxon Not Well Managed
Exxon, a company that had over 12 billion dollars in profits last year (perhaps the highest in real dollars in modern history for any private company), raising howls of protest from Congress and the left, is apparently not well managed...

Cipro
The FDA is seeking to add black box warnings of the risk of tendon rupture associated with Cipro and Levaquin. The ruptures can involve Achilles tendon, shoulder, hand, bicep or thumb tendons, and is especially increased in patients older than 60, or people who have received kidney, heart or lung transplants, as well as people on steroid therapy...