Trade groups for the world’s biggest hedge funds and private equity firms are taking the Securities and Exchange to court over new restrictions it placed on the industry last month. The American Investment Council and the Managed Funds Association are among the groups alleging the SEC went too...
It was one step forward, one step back this week toward a world in which cryptocurrency investments start popping up widely in retirement accounts. ForUsAll, a firm that helps retirement plans offer cryptocurrency investments to their participants, suffered a setback Tuesday when the U.S. Court of Appeals for the District...
The Financial Industry Regulatory Authority Inc. has censured and fined a New Jersey-based broker-dealer and its chief compliance officer for allegedly violating the compliance and care obligations of Regulation Best Interest. From January 2016 to March 2022, Network 1 Financial Securities, a firm with 14 branch offices and approximately 100...
Bartlett Wealth Management celebrated its 125th anniversary this year. One of the firm’s core beliefs is caring for clients and developing deep, meaningful relationships with them. New advisor advertising rules that went into force last November create an avenue for Bartlett to tell its story through the investors it serves....
In this photo illustration, the Charter Communications logo is displayed on a smartphone screen.Rafael Henrique | SOPA Images | Lightrocket | Getty ImagesCharter Communications CEO Chris Winfrey wants the pay-TV bundle to live.He also thinks the industry should get on board with a new model.The CEO of one of...
Actor Karen Brown walks the picket line with fellow SAG-AFRA actors and Writers Guild of America (WGA) writers in front of Paramount Studios in Los Angeles, California, July 17, 2023.Mike Blake | ReutersHollywood's labor pool is taking a hit as the dual strikes by actors and writers drag on....
A former Federated Hermes employee this week sued the company because it included its own funds in the company’s 401(k) plan. The asset management firm is latest to be targeted by a plaintiff’s law firm over the issue of using in-house products rather than comparable funds from outside providers that...
Michael Nason, 29, left, and Donna Nason, 25, right, both of Bakersfield are wearing a face mask in Union Station on Thursday, Aug. 31, 2023, in Los Angeles, CA. COVID-19 making a comeback in California.Francine Orr | Los Angeles Times | Getty ImagesAn uptick in Covid cases and hospitalizations...
