An integrable generalization of the D-Kaup-Newell soliton hierarchy and its bi-Hamiltonian reduced hierarchy

We present a new spectral problem, a generalization of the D-Kaup-Newell spectral problem, associated with the Lie algebra sl(2,R). Zero curvature equations furnish the soliton hierarchy. The trace identity produces the Hamiltonian structure for the hierarchy and shows its Liouville integrability. Lastly, a reduction of the spectral problem is shown to have a different soliton hierarchy with a bi-Hamiltonian structure. The major motivation of this paper is to present spectral problems that generate two soliton hierarchies with infinitely many conservation laws and high-order symmetries.