KARACHI: A tragic incident occurred in Karachi’s Orangi Town where a speeding passenger bus crushed a two-year-old girl, ARY News reported. The deceased toddler girl was identified as Iman who died on the spot. According to the police, the incident was reported from Orangi Town No. 10 and the bus driver and conductor managed to […]
The SEC responded shortly after the issuers filed effective registration amendments for staked SOL and Ether exchange-traded funds. The United States Securities and Exchange Commission (SEC) responded to the effective registration amendment for Solana (SOL) and Ether (ETH) staked exchange-traded funds (ETFs) from ETF provider REX Financial and asset management firm Osprey Funds, raising concern that both investment vehicles do not qualify as ETFs due to their unique structures. According to a recent report from Bloomberg, the regulators say the c-corp business structure used in the funds, which is incredibly rare for ETFs, conflicts with the 6C-11 rule, colloquially known as "the ETF rule." This regulation legally designates the types of corporate structures appropriate for exchange-traded funds. The SEC wrote in a May 30 letter: "Disclosures in the registration statement regarding the Funds’ status as investment companies may be potentially misleading," the letter continued. Read more
Indian Prime Minister Narendra Modi is being criticised, following his controversial Sindoor Politics and Sindoor distribution campaign, which have sparked outrage among Indian women who have been accusing him of misusing religious opinions for political benefits. After the Pahalgam attack, a sindoor distribution campaign was launched by Modi’s government to Indian women across India, apparently […]
Hollywood star Clint Eastwood has turned 95, but his daughter Kathryn Eastwood says she was left heartbroken after being unable to contact him on his special day. In a tearful video posted to Instagram, Kathryn claimed she was being kept away from her father by other family members. The 37-year-old actress said she simply wanted […]