The ARK Transparency ETF gained only $12 million in assets since inception, a fraction of the $9 billion in Wood’s flagship fund.
A note circulated by the Wall Street giant has triggered a rethink across the industry.
More than 80 exchange-traded funds tracking single stocks are planned, covering some 37 companies.
The sweeping civil probes rank among the largest-ever penalties levied against US banks for record-keeping lapses.
The SEC chief says disclosures can be tailored for digital firms. He mentioned that such an approach is used for asset-backed securities and equity offerings.
The agency approved rules that free proxy advisers from restrictions placed on them at the end of the Trump administration; it also amended the reasons companies can use to try to keep shareholder proposals off their ballots.
The pause in buybacks is needed to quickly meet higher capital requirements and give the firm "flexibility to best serve our customers, clients and community," said CEO Jamie Dimon.
Meanwhile, the firm's wealth management franchise reported positives for the second quarter despite the broad stock market decline seen so far this year.
Senate Majority Leader Chuck Schumer’s tax plan is key to the Democrats’ economic package.
Futures priced roughly a one-in-two chance of such a hike after consumer prices rose a hotter-than-forecast 9.1% in the year through June.
