Wall Street Just Got Its Most Volatile ETF as Risky Bets Boom
By Vildana Hajric & Isabelle LeeThe fund looks to offer leveraged returns on MicroStrategy, which invests in Bitcoin and has a 90-day volatility of about 97%.
August 15, 2024
eMoney Expands Open API ProgramWealth firms can use the software for syncing and enriching client data, as well as for custom reporting.
August 15, 2024
Creative Planning Minority Owner Wants to Pare StakeCEO Peter Mallouk confirmed that General Atlantic is seeking to sell part of its position in the RIA.
August 15, 2024
Vanilla Estate Planning Platform Wins Backing From Edward JonesVanilla aims to use the funding to expand its platform, including embedded AI capabilities.
August 14, 2024
SEC Slams LPL, Raymond James & 24 Other Firms With $393M in Off-Channel Messaging FinesAmeriprise, Edward Jones and Osaic were also fined for failing to retain messages sent on unauthorized channels, like WhatsApp.
August 14, 2024
Advisor Accused of Stealing Millions From Widowed Aunt, Former ExecScott Mason and his firm may have misappropriated money from several other investors, the widow's lawyer says.
August 14, 2024
Life and Annuity Distributor Starts Agent Rights PetitionBrett Blake says some agents feel as if they're being held hostage by their IMOs and FMOs.
August 14, 2024
UBS Profit Beats Estimates in Boost to Ermotti's Buyback PlansInvestment banking revenue and progress in integrating Credit Suisse offset a miss in wealth management.