Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
Merrill Moves to Put Commissions Back Into Retirement Accounts; Wells Fargo Hits More Bumps; and Other Industry News
By Janet LevauxMorgan Stanley grabs an executive from Betterment, Advisor Group pledges to interview female candidates for top posts, and HD Vest gives its reps access to Envestnet tools.
September 26, 2018
No Time Frame Yet for Final SEC Best-Interest RuleThe SEC is reviewing more than 6,000 comments on the plan, IM director Dalia Blass told lawmakers.
September 21, 2018
Nearly 40% of US Advisors Are Using Alternative Investments: CerulliCerulli defines "alternative investments" to include REITs, private investments, hedge funds, private equity and real estate.
September 19, 2018
BofA to Sell $20B Alt Operations to iCapitalThe sale will help Bank of America further simplify its operations.
September 18, 2018
3 Cryptocurrency Exchanges May Be Violating Regs: NY AGThe three exchanges are Binance, Kraken and Gate.io.
September 18, 2018
Tesla Facing Criminal Probe Over Musk StatementsCompany got document request and is cooperating; inquiry started after CEO claimed he had funding to go private.
September 13, 2018
Priest Bore False Witness to Reap Profits in His Hedge Fund, SEC SaysThe priest, who is also a hedge fund manager, is accused of making false statements to drive down a stock his fund was shorting.
September 13, 2018
Morgan Stanley to Offer Bitcoin Swap TradingInvestors will be able to go long or short using so-called price return swaps; the firm will charge a spread for each transaction, according to a source.