News

Recent

What's in a Name? New SEC Rule Demands Transparency in Fund Names

The SEC approved a rule that requires investment funds to accurately reflect their investment focus in their names. The rule states that a fund must invest at least 80% of its assets in line with the focus suggested by its name. The SEC hopes that this will help investors understand the investment strategy of a fund and prevent misleading advertising. The new rules will become effective 60 days after they are published in the Federal Register, and fund groups will have 12-18 months to comply.

News

Secrets Of The Only Manager Who Beat The Post-2008 NASDAQ

Baron’s success belies the fact that for most stock pickers, beating market indexes by betting big on a few names is a strategy with exceedingly dismal odds. That’s especially true in this tech-powered era of the Magnificent Seven.

News

Ex-Deutsche Bank Banker Faces 30 Years for Cryptocurrency Fraud

Rashawn Russell, a former investment banker at Deutsche Bank, could face a prison sentence of up to 30 years for misappropriating investor funds.

News

Trump Interview Sheds New Light On Fed Policy Pivot, Raises Independence Questions

Either the man is misremembering or he's telling the truth. If he's claiming to have dictated rate policy, the biggest problem is that people will believe the Fed is for sale if you figure out which arm to twist.

News

Regulators Are Trying to Stop Greenwashing Before It Gets Worse

In 2021 a series of HSBC advertisements started appearing on bus stops around the UK, campaign centered on slogan “Climate change doesn’t do borders".

News

Archegos Founder Hwang Must Face SEC Fraud Charges

A federal judge on Tuesday rejected Bill Hwang's bid to dismiss a U.S. Securities and Exchange Commission lawsuit accusing him of fraud.

News

“Morningstar Announces Workforce Reduction at ESG Firm Sustainalytics”

Morningstar is set to trim its ESG subsidiary, Sustainalytics, with over 200 job cuts as part of a strategic alignment plan. The move aims to strengthen Sustainalytics’ financial standing and facilitate future growth, even as the ESG sector sees strong demand for regulatory compliance solutions in Europe.

Recent

What's in a Name? New SEC Rule Demands Transparency in Fund Names

Secrets Of The Only Manager Who Beat The Post-2008 NASDAQ

Ex-Deutsche Bank Banker Faces 30 Years for Cryptocurrency Fraud

Trump Interview Sheds New Light On Fed Policy Pivot, Raises Independence Questions

Regulators Are Trying to Stop Greenwashing Before It Gets Worse

Archegos Founder Hwang Must Face SEC Fraud Charges

“Morningstar Announces Workforce Reduction at ESG Firm Sustainalytics”

Popular

Light My Fire: The Doors' Royalties Never Seem To Burn Out 43 Years after Jim Morrison's Death

Jerry Lewis May Leave Shockingly Modest Estate Behind

The CARES Act Decoded: What Wealth Advisors Must Know for Client Education