FA News

California Firm's Fraud Cost Clients $11 Million In Fee Overcharges, SEC Says

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Direct Lending Investments of Glendale, Calif., has been sued by the SEC for a fund fraud spanning three years.

EU Shifts Tone On No-Deal Brexit, Saying It's Getting Likelier

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The European Commission said that governments were now prepared and have recruited hundreds of customs specialists.

Fed Policy 'About Right' After Pivot, Economists Say In Poll

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Only 25 percent of the economist felt President Trump had an impact on the Fed's decision making.

Investors See More Pain Ahead As Global Stock Rout Gathers Pace

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Bond yields in Australia and New Zealand have dropped to record lows.

Financial Advisors Say They're Feeling Stressed

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Advisors deal with more stress than the average U.S. worker, according to a new survey.

Trump's Tax Reform Has Some Taxpayers Suffering From Sticker Shock

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Fewer allowable deductions means that some tax filers are getting hit with surprise tax bills.

Quants About To 'Flip Short' On U.S. Equities, Nomura Says

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The selling may be particularly painful for U.S. small caps.

One By One, Global Bond Markets Are Sounding The Same Alarm

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Money markets are pricing around a 90 percent chance that the Fed will cut rates by 25 basis points by December.

Fidelity Launches Work-Based Charitable Giving Program

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The platform allows employers to match the charitable donations made by their employees.

Caregiving Can Strengthen Female Advisors' Resumes

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Women should use skills they gained as caregivers as selling points when returning to the workforce, women advocates said.

Finra Faces Revenue Shortfall, But Has No Plans To Raise Fees

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The self-regulatory organization said it will instead tap into reserves to meet expenses this fiscal year.

A Unique Take On REIT ETFs

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A new REIT fund focuses on the net-lease sector.

Bitwise: 95% Of Bitcoin Trading Volume Is Fake

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While $6 billion of daily bitcoin trading volume is reported, only $270 million of that is real, the firm said.

Trump Says He'll Nominate Stephen Moore To Federal Reserve Board

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Moore has emerged as an ardent critic of the Federal Reserve Board under Chairman Jerome Powell.

Richard Branson Warns Of Looming Disaster In No-Deal Brexit

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"I am not alone in feeling many U.K. people have changed their minds,” he said.

Merrill Lynch To Pay $8 Million For Allegedly Mishandling ADRs

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The firm improperly handled 40,000 transactions involving American depositary receipts, the SEC said.

Illinois Supreme Court Says Fixed Annuities Not Subject To Securities Regulations

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The court rejected attempts by the state to regulate annuities as securities.

Traders Blindsided Again By Treasuries Paying Same As Cash

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Locking in today's rates for years could be a smart move.

U.S. Treasury Yield Curve Inverts For First Time Since 2007

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The data points to increased concern about a possible recession down the road.

Populists, Authoritarians Run 70% Of World's Biggest Economies

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Major factors have been Trump's election victory and the growth of China's economy.