Chairman-Elect Joe Votava Resigns From CFP Board of Directors
Current Chairman Richard Rojeck to assume duties; new chairman to be elected in June to replace Votava.
CFP Board Names Votava 2015 Chairman-Elect
G. Joseph Votava Jr. is currently CEO of Seneca Financial Advisors LLC, which has offices in Rochester, N.Y., and Washington.
Social Security Bankrupt in 2033; Medicare Outlook Brightens: Trustees’ Report
While the trustees' Social Security funding forecast is similar to last year's, Medicare gets four more years thanks to Obamacare.
New Hire Roundup: Fidelity Charitable Names Danforth President
Also, Ron Carson was named to the board of trustees of the American College, and the Withers Consulting Group welcomed David Burleigh.
New Hire Roundup: Gail Cohen to Chair New York Bankers Association
This week in new hires, Porter Schutt and Bill Dugdale joined Brown Advisory, and Brian Major went to AlixPartners.
New Hire Roundup: Morningstar Adds to Fund Research Team
This week in new hires, Morningstar announced six appointments for its fund analyst research team; James Machuga joined Merk Investments; and Philipp Hildebrand was named vice chairman at BlackRock.
U.S. Bancorp Enters Arena
The ETF marketplace is getting ready for another new face: U.S. Bancorp Fund Services.
Leveraged Direxion ETFs Move From 2X to 3X
The funds' new investment objectives will seek daily results, before fees and expenses, of 300% leverage or 300% inverse performance of their target index.
Direxion Adjusts ETF Lineup
Big changes are coming to the Direxion Shares ETF lineup. The company’s Board of Trustees approved alternations to the names and investment strategies for 10 leveraged funds.