Bitcoin Surges Past $42,000
By Sunil Jagtiani & Suvashree GhoshThe crypto industry is closely watching applications from BlackRock and others to launch the first U.S. spot Bitcoin ETFs.
December 01, 2023
Northwestern Mutual Launches 'Signature' Portfolio Models for Young InvestorsThe new line offers five varieties based on investors' risk tolerance, ranging from conservative to very aggressive.
December 01, 2023
Vanguard, Amex Ending INVEST Financial Advice ServiceThe program fees seemed to surpass those investors could get by going to Vanguard directly.
December 01, 2023
SEC's Use of In-House Judges Cast in Doubt by Supreme CourtThe justices suggested that fraud defendants have a constitutional right to a jury trial.
November 30, 2023
Consumer Reps Ask States to Change Annuities' FacesAdvocates Birny Birnbaum and Brenda Cude say product illustrations make hypothetical returns look too pretty.
November 30, 2023
KKR Agrees to Pay $2.7B for Full Control Over Annuity IssuerThe asset manager wants Global Atlantic, a major issuer of fixed annuities, to help grow private wealth sales.
November 30, 2023
CAIS, Pershing Expand Alternatives CollaborationThe offering provides access to alternative investments via CAIS with no transaction fees for Pershing clients' funds.
November 30, 2023
New Senate Bill Would End 'Buy, Borrow, Die' Strategy for Wealthiest InvestorsThe Billionaires Income Tax Act would require the wealthiest investors to recognize capital gains and losses every year.