FA News

Facing SEC Charges, Ladenburg Chair Phillip Frost Retires

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Phillip Frost, facing pump-and-dump allegations, will be replaced as chairman by Ladenburg's CEO.

Hurricane Florence May Leave Investment Scams In Its Wake, Regulators Warn

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Regulators warned investors that such natural disasters are often used as leverage in illegal investment schemes.

Connecticut's SALT Bypass Offers Hidden Perk For Money Managers

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The measure could provide managers with hundreds of thousands, or even millions, in tax savings.

Rich Americans Are Last In Sustainable Investing, UBS Says

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U.S. investors ranked last among those surveyed in 10 countries with at least $1 million of investable assets.

NYC Home Sellers Are Cutting Prices Like It's 2009—And Then Some

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Sellers with older listings are adjusting expectations just as a wave of newer properties hits the market.

Bitcoin ETFs Delayed Again As SEC Seeks Comment On Fund Proposal

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The agency is seeking views on market manipulation and surveillance.

North Carolina Flooding Soaks Federal Taxpayers All Over Again

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Homes that flood keep getting rebuilt with public money, only to flood again.

Adobe To Buy Marketo For $4.75 Billion To Bolster Marketing Tech

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Marketo automation software helps advisors figure out who's opening their papers and reports.

Tax Reform 2.0 Aims To Expand 529 Savings Distributions

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New bills would let 529 distributions go toward student loan debt and home schooling expenses.

Ex-AllianceBernstein CEO Raises $4 Billion For New Fund Firm

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Wall Street veteran Peter Kraus aims to shake up the mutual fund industry’s fee model.

Larry Fink Confronted By Protesters At Yahoo Summit

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Protests at a Thursday summit highlight the pressure on asset managers to address weapons investments.

Would Like To Meet: $850 Billion Insurer Seeks Bond-ETF Partner

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John Hancock Investments is still seeking the perfect match for its ambitions in debt ETFs.

Ex-Goldman Analyst Pleads Guilty To Trading Tips For NFL Tickets

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The analyst pleaded guilty to leaking merger information for tickets to Philadelphia Eagles games.

Unify Software Upgrade Catches (And Fixes) Cyber Threats

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This cyber threat software notifies users when there is a problem and automatically fixes it.

Looming Money-Market Shift Has Big Implications For Risk Assets

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The world’s most boring investment is about to get interesting again.

Vanguard Rolls Out Two ESG ETFs

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One fund is domestic, the other is international.

CFA Institute Pushes For Diversity

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A project by the CFA Institute is designed to increase diversity and inclusion in the financial world.

Treasury Yields Take Flight, Setting Up Big Shorts For Rewards

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Liftoff may finally have arrived for yields in the world’s biggest debt market.

Nafta Deal Is Said Unlikely This Week, Raising Tariff Fears

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The latest deal deadline is likely to be missed, according to sources familiar with Nafta talks.

Hedge Funds Call Time On Investors' Persistent Fee Squeeze

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The calls come as the costs of running hedge fund portfolios increase.