SIALKOT: The by-election for Punjab Assembly constituency PP-52 in Sialkot is going to take place on Sunday, June 1, 2025. The PP-52 by-election in Sialkot had to take place as the former Member of Provincial Assembly (MPA) Arshad Javaid Waraich passed away, and his seat became vacant. Fourteen candidates are in the fight for the […]
U.S. President Donald Trump will soon announce a new candidate to serve as administrator of NASA, the White House said on Saturday, but did not explain why initial nominee Jared Isaacman was no longer in the running. Semafor, citing two people familiar with the matter, had earlier said the White House would pull Isaacman’s candidacy. […]
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