FA News

Lack Of Correlation For Bitcoin Provides Little Relief As Markets Sell Off

by

Cryptocurrencies are still dancing to their own tune, but that doesn't mean they are going up.

AI To Reshape Finance, Say Executives Who Struggle To Define It

by

Global financial leaders know artificial intelligence will change their industry, but can't agree on what it is.

American Workers Left Behind As Economy Grows, Study Says

by

In real-dollar terms, incomes have been stagnant for four decades, according to a Pew study.

There's Now An Exchange-Traded Bitcoin Note That American Investors Can Buy

by ,

It's an exchange-traded note that's regulated in Sweden, but it's available to U.S. investors.

US SIF Provides Money Managers With Guide To Responsible Investing

by

The new resource complements a guide produced earlier for advisors.

DFA's Booth Downplays EM Rout, Says Nowhere Near Trade War

by

The Dimensional Fund Advisor co-founder is optimistic about developing-nation assets.

It's High Time To Hedge Euro Weakness, Judging By ETF Flows

by ,

A record $203 million has poured into BlackRock FX-hedged fund.

New Gold ETF Can Be Exchanged For Physical Gold

by

The Perth Mint-sponsored fund comes to market at a time when gold funds have hit the skids.

Ameriprise Fined $4.5M For Allegedly Failing To Detect Reps' $1 Million Theft

by

Ameriprise's technology allegedly failed to detect or prevent more than $1 million of misappropriation, the SEC said.

Rich Professionals Are Using Pension Plans As A Tax Dodge

by

Pension plans can help professionals such as older doctors and lawyers to stash more than $300,000.

SEC Settles With Firms Over 'Flipping' New Muni Bond Issues

by

Securities were sold at higher prices by firms that used fake names to buy them when originally issued.

Goldman Sachs Investors Win Right To Sue As Group Over CDOs

by

The plaintiffs claim the bank defrauded them on risky mortgage investments before the financial crisis.

AssetMark Adds 12 Fund Portfolios

by FA Staff

Twelve new AssetMark MarketDimensions portfolios are being added to AssetMark’s platform.

Advisor Agrees To Stop Offering Fraudulent 'Tomahawkcoin'

by

The SEC also warned the public to check the backgrounds of everyone offering investments.

Fed May End Taper This Year Amid Regime Rethink, Pozsar Says

by

The ballooning national debt may force the Fed to delay reducing its balance sheet, says Credit Suisse analyst.

Wall Street’s Latest Retail Product Pays Off Even If The Yield Curve Inverts

by

Citigroup and Deutsche Bank have rolled out notes designed to cushion the impact of an inverted yield curve.

BNY's Lockwood Advisors Fined $200K For Failing To Disclose Wrap Fees, SEC Says

by

Lockwood failed to disclose "trading away" fees that were charged on top of its annual wrap program fee, the SEC said.

Luxury-Home Sales Boom In Hawaii, With $5 Million Estates Up 31%

by

Hawaii's high-end real estate market has taken off so far in 2018.

Illegal Oil And Gas Investments Netted Sellers Millions In Commissions, SEC Says

by

Three men have been charged by the SEC with illegally soliciting investments in two Texas oil and gas companies.

The Advisor Who Landed A LinkedIn Ad Campaign

by

LinkedIn chose financial advisor Eszylfie Taylor to represent the industry in the #InItTogether campaign.