Investment

In this week's fund news, Evolution Private Investment Collective aims to bring private markets strategies to advisors; Engine No. 1's new ETF targets impacting companies through proxy voting; and Amplify introduces a new cleaner living ETF.

Joel Tillinghast says "of course I kick myself" over exiting his position in the meme stock.

The five ETFs collectively lured about $13.5 billion on Wednesday amid the rebalancing of the FTSE Russell indexes, compared with a $37 million inflow for all five funds last week.

This is now a question for the U.S. Securities and Exchange Commission, as the regulatory watchdog wanders into a thicket of inconsistent standards.

The SEC Chair said he’s directed the agency’s staff to review how to toughen a slew of regulations that touch everything from meme stocks to blank-check companies.