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SEC Charges Podcast Host With Running $11 Million Ponzi Scheme

by FA Staff

Real estate investor Matthew Motil used investor funds to buy NBA tickets and lakefront mansion, the agency said.

All Of Schwab's Bond ETFs Now Cost Just Three Basis Points

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The asset manager announced fee cuts on the Schwab High Yield Bond and the Schwab U.S. TIPS ETFs.

Hedge Funds Cut Stock Leverage At Fastest Pace Since 2020 Crash

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Investor appetite for equities is subsiding after a 20% rally this year.

Long-Treasury ETF Plunges Record 48% As Market Meltdown Worsens

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Investors have been adjusting to the reality that rates will stay higher for longer.

Last Major Rater With U.S. At Top Grade Warns On Shutdown Risks

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Markets have been on watch for further credit actions after Fitch Ratings downgraded the U.S. earlier this year.

Start Planning Trusts Now For Potential Estate Tax Changes, Advisors Say

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The federal estate tax exemption is scheduled to plummet in 2026.

Nikki Haley Wants To Cut Social Security, But Only For The Wealthy

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The GOP presidential candidate's plan also includes raising the retirement age for younger workers.

Stocks Flash Recession Warning As Trouble Spreads To Industrials

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The S&P 500 Index is headed for its first quarterly loss in a year.

SEC Collects Private Messages In WhatsApp Probe, Reuters Says

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The regulator is reviewing messages discussing work sent on personal devices or applications.

Short Sellers Mount Attack On ESG Stocks Bloated From Green Hype

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Companies making ESG claims are bumping up against an increasingly skeptical wall of investors.

Real Estate Developer Convicted in $1.3 Billion Tax Case After Juror Removed

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Jack Fisher and attorney James Sinnott made millions through a fraudulent tax shelter scheme.

Gary Cohn Says Fed Hikes Hurt Banks More Than They Help The Economy

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“I would like the Federal Reserve to stop,” he said.

Former Compliance Officer Suspended, Fined For Alleged Role In Fraud

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Jeffrey Kenneth Kirkpatrick signed off on a rep's fraudulent wire transfer, Finra says.

Financial Titans Ready Fight Over 'Too-Big-To-Fail' Threat

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The too-big-to-fail tag spells greater oversight and fresh compliance headaches.

Goldman Fined $6 Million For Inaccurate Trade Data

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The investment bank sent inaccurate data to the SEC on 163 million trades.

Genstar Capital's Chairman Accused Of Aspen Assault By Ex-Partner

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Jean-Pierre Conte denied the allegations made by his girlfriend of nearly a decade.

What You Need To Know About Paying Off Student Loans Early

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Borrowers flush with cash have been dumping money into paying down their student debt. Here are the pros and cons.

Apollo's Zelter Skeptical Of Soft Landing While Rate Hikes Bite

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His comments highlight the angst investors have been feeling since the Fed began its 18-month string of rate increases.

Wall Street Strategists Turn Ever Bullish Just As Stocks Slump

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The latest round of bullish forecast changes comes as Wall Street weighs the impact of trader sentiment on markets.

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