CAIS Cuts Fees, Seeking to 'Democratize' Alternative Investments
By Sonali BasakThe firm, which works with some 34,000 advisors, is cutting fees to as low as 0.05% for feeder investment funds.
July 05, 2024
Merrill Violated Reg BI With $1.5M in Avoidable Fees: FINRAMerrill's failure to stop its reps from dodging fee waivers affected 1,361 clients, according to FINRA.
July 05, 2024
Stocks Up as Jobs Report Fuels Push for Fed to 'Get on With It'Markets gained traction on news that the jobless rate hit its highest level since late 2021, which may signal a coming drop in interest rates.
July 05, 2024
Supreme Court Ruling Ensures Juries in Many SEC Cases: SEC RoundupWith the Jarkesy opinion, the agency may no longer pursue such claims through in-house enforcement proceedings.
July 05, 2024
Robinhood Snaps Up Advice Platform PlutoThe retail brokerage plans to use the AI-driven research platform to bring more tailored investment strategies and analysis to its users.
July 05, 2024
Federal Court Blocks Medicare Agent Pay Cap RegulationsThe ruling applies to all Medicare agents, not just the parties to the suit.
July 03, 2024
How High Earners Can Maximize This Business Tax Deduction Before It DisappearsBusiness owners can use retirement plans to get their taxable income below the qualified business income deduction threshold.
July 03, 2024
6 Investing Tips for the Rest of 2024One prediction: It's not too late to jump into the stock market, despite record highs.