Ivers W. Riley, Who Helped Introduce Spider ETF, Dies at 82

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Ivers W. Riley, who helped usher in a new era of securities trading with the introduction of the exchange-traded fund known as Spider, has died. He was 82.

He died on Feb. 17 at his home in Savannah, Georgia, according to his son, Michael G. Riley. He was diagnosed in August with colorectal cancer.