The SEC is expected, possibly by mid-January or sooner, to green-light ETFs that will buy and sell Bitcoin—after a decade of rejecting such applications.
The firm has been running a Reg D offering involving senior secured bridge real estate loans for the past eight years. Earlier this year, it decided to switch to an interval fund structure.
Bloomberg’s holding data for the ETF currently shows a short position of 5,280 contracts of the Nasdaq 100 14,600 calls expiring Nov. 17, and no futures contracts.
AllianceBernstein is offering funding to lenders — enabling the banks to keep their most prestigious clients sweet — in return for a cut of the fees and access to their client contact books.