FA News

Bitcoin ETF Proposal To SEC Withdrawn By Cboe, VanEck SolidX

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Cboe Global Markets' BZX exchange withdrew a proposal to the SEC to list shares of a Bitcoin investment vehicle.

Oak Hill Capital Acquires Equity Stake In Mercer Advisors

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Oak Hill joins Genstar as a private equity sponsor of fast-growing RIA Mercer Advisors.

SEC: Raymond James To Pay $15 Million For Overcharging Investors

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Three Raymond James subsidiaries overcharged advisory and brokerage clients by millions, the agency said.

SEC: Man, Social Worker Use Fake Charity To Rip Off The Terminally Ill

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A man founded his own hospice program to con dying patients.

Retail Holiday Sales Poised To Jump On U.S. Job-Market Boom

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Holiday retail sales should cross the $1.1 trillion mark, says Deloitte.

Ray Dalio’s Advice For Solving Career Roadblocks: Talk It Out

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The Bridgewater Associates founder also said that he will "go quiet" within two years.

UCLA Parent Is Latest To Be Charged In U.S. College Scandal

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Another parent has been embroiled in the "Varsity Blues" for paying bribes for admission to UCLA.

Fiduciary Pundits Weigh Odds Of Lawsuits To Overturn Reg BI

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Verdict could turn on the SEC's lack of authority to exclude brokers from advisor regulations.

Blue Sheet Data Deficiencies Cost Two B-Ds $4.65M

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Stifel and BMO allegedly made coding errors and failed to report data for millions of transactions.

Know What You Own: Pensions Gauge Risk After Quest For Big Gains

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After adopting alternatives to reach for returns, pensions are struggling to understand their exposure to risk.

The Simple Strategy Fueling The Rise Of Bill Gates’s Fortune

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Despite his fortune and his age, Bill Gates remains a relatively aggressive investor.

Wall Street May Get $40 Billion Reprieve From Trump Regulators

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The FDIC will hold a public meeting Tuesday to propose eliminating the margin requirement.

Bluespring Wealth Adds Beacon Financial Group

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The firm is the second transaction for Bluespring since its creation last month.

Personal Debt Declines, Still A Source of Anxiety For Americans

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The study said more than one-third of Americans’ monthly income goes toward paying debt.

JPMorgan Tells Worried Clients Rising Yields Can Help Stocks

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Some analysts believe that the rebound in yields is a signal that the rally in equities will continue.

Boris Johnson’s Brexit Plan Goes To Court After EU Talks End In Chaos

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Thus far, Boris Johnson's efforts to orchestrate a Brexit have resulted in turmoil and uncertainty.

N.Y. Fed Seeks To Ease Money-Market Rates After Funding Turmoil

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Surging money market-market interest rates forced the Fed to step in with a repurchase agreement.

Firms Face Sharp Labor Cost Shifts By U.S. Metro Area

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Wage inflation is happening unevenly around the country, according to U.S. government data.

Bill Gates Says Wind, Solar Subsidies Should Go To Something New

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Solar and conventional wind energy have made enough progress to survive without subsidies, says Gates.

Elizabeth Warren Talks About Her Plans, Less About The Costs

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Sen. Elizabeth Warren goes big on policy proposals, but glosses over the costs and funding they will require.