The SEC votes on climate change. On Wednesday, SEC Chair Gary Gensler will hold a vote on one of his most controversial proposals: a rule that would require corporate America to disclose material risks posed by climate change. The ETF community is watching the vote closely, because the proposal will provide much more data on climate issues that can be incorporated into Environmental, Social and Governance (ESG) ETFs. President Biden said climate risk is an “existential threat” and that it posed a greater risk than nuclear war. Supporters say corporate America already reports much of this data and this would systemize the reporting; opponents say it is another example of government over-reach. Join us Monday on ETF Edge at 1:10 PM ET when our guest will be Arne Noack, manager of the Xtrackers S&P 500 ESG ETF (SNPE) and DWS Head of Systemic Investment Solutions for the Americas, and Dave Nadig, formerly financial futurist for Vettafi. ETFedge.cnbc.com
An ETF with 30% upside?
The charts make it look likely as the IPO market heats back up.
Record high trading volume for bitcoin funds
The crypto itself crossed back above $60k this week for the first time since ‘21.
Yet more ways to trade Mag 7
Roundhill now offers leverage and inverse funds.
|
For more analysis and actionable insights, watch ETF Edge.
|
