FYI: (This is a follow-up article.)
Nasdaq Inc. Chief Executive Adena Friedman testified Thursday morning in the exchange’s lawsuit against a former business partner that Nasdaq contends stole more than $1 billion in exchange-traded funds.
Nasdaq’s civil suit, filed in October 2017 in the U.S. District Court for the Southern District of New York, alleges that ETF Managers Group LLC improperly kept millions of dollars in management fees generated by funds including a popular cybersecurity ETF best known by its ticker HACK.
Regards,
Ted
https://www.wsj.com/articles/nasdaq-chief-testifies-in-etf-theft-lawsuit-11558623171?mod=md_mf_news
