ETF Managers Group, Founder Hit With $4.4M SEC Penalty
By Melanie WaddellSamuel Masucci and his firms entered into "a prohibited joint transaction" to obtain $20 million in rescue financing to avoid a possible bankruptcy.
August 01, 2023
FINRA Posts Life Settlement Guide for ConsumersThe organization warns of concerns but says policy sales might make sense for some.
July 31, 2023
Schwab Launches 3 Bond Ladder StrategiesThe bond ladders include six-month, 12-month and 24-month investments that can be held in SMAs.
July 31, 2023
BDs' Anti-Money Laundering Policies Fall Short: SECSome broker-dealers "did not appear to devote sufficient resources, including staffing, to AML compliance," the regulator said.
July 31, 2023
Stocks Set for New Highs: Jeremy Siegel"What's to stop this market now?" the Wharton professor asks during a CNBC interview.
July 31, 2023
Social Security's Improper Payment Exchange Is Overdue, Lawmakers SayThe House Ways and Means Committee chairman says the SSA is already seven years late on implementing the program.
July 31, 2023
FPA Joins New Coalition to Back 529 Plan BillThe Tomorrow's Workforce Coalition is championing legislation that allows 529 plan funds to be used to cover the costs of maintaining professional credentials.
July 31, 2023
American National Seeks to Void a Life Insurance Policy Over Alleged FraudThe insurer says the purchase was part of a $535 million conspiracy.