FA News

Rich Bernstein: Investors Still Out To Lunch

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Bernstein also finds it ironic that investors fear traditional equities, yet are high on cryptocurrency.

Baseball Star Justin Verlander’s Former Advisor Barred From Industry

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The advisor allegedly used the baseball star's money for a venture tied to the business of the wife of the advisor.

Goldman Sachs Enlists Paul Tudor Jones Non-Profit On ESG ETF

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Goldman and hedge fund manager Paul Tudor Jones team up on proposed ETF.

Winklevoss Twins Say Futures Are Starting Gun For Bitcoin

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The Winklevoss brothers said in 2013 that they owned almost $11 million worth of bitcoins.

Bitcoin's First 24 Hours On Wall Street Feed Euphoria And Doubts

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A 24 percent rise in the price of bitcoin derivatives bolstered longstanding misgivings about speculation.

Restaurant-Review App Latest Target In U.S. Crackdown On ICOs

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A planned $15 million ICO was halted after the SEC questioned whether the offering should have been registered as a security,

One Bond Veteran Is Unimpressed With Treasury Market's Evolution

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The Treasury market is lacking in innovation, he said.

Goldman Sachs Doubling Down On Its Bullish Commodity Call

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Strong global demand growth across raw materials reinforces the case for owning them, the bank said.

Advisors Will Expand International Holdings In 2018, Survey Says

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The vast majority of advisors surveyed said they plan to increase international allocations in 2018.

Two CFP Professionals Declare Bankruptcy

by FA Staff

Brandon Hanson and James Henry declared bankruptcy, the CFP Board announced.

Proposed Rule Would Let Restaurant Owners Pocket Tips, Labor Advocates Say

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The proposal by the Department of Labor would rescind a number of waitstaff protections.

Ameriprise To Pay $8.75M To Settle F-Squared ETF Case

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The SEC says Ameriprise negligently relied on faulty ETF performance claims by F-Squared.

Finra's Proposed Ban On Expungements No Surprise

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Finra has taken one of its strongest steps yet in cracking down on expungements of disciplinary information.

Rex Shares, VanEck File For Bitcoin ETFs

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Momentum is building for exchange-listed products in the sizzling bitcoin market.

Tax Reform Changes Deduction Strategies For HNW Clients

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The GOP tax bills will force advisors to rethink their planning for high-net-worth clients.

Investors Told To Brace For Steepest Rate Hikes Since 2006

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Citigroup and JPMorgan predict average interest rates across advanced economies will climb to at least 1 percent next year.

The Middle Class Might Not Even Notice If The GOP Cuts Their Taxes

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Americans didn’t notice similar measure in 2009, polls showed.

Fund Managers' Great 2017 Comeback Almost Blew Up

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Large-cap funds saw their alpha halved in the space of a week.

Trump Plans Closing Argument For GOP Tax Overhaul Wednesday

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The speech comes as House and Senate negotiators work to iron out differences in their versions of the bill.

A Manager Of $42 Billion Fears Bubble In World's Biggest Stocks

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Amazon is among the companies this manager feels is too expensive.