Robinhood Must Face Market Manipulation Claims Over Meme Trading
By Peter BlumbergA Miami judge dismissed some allegations against the platform, but is allowing others in a class-action lawsuit to move forward.
August 11, 2022
Thiel-Backed Firm Debuts Anti-ESG ETFThe Strive U.S. Energy fund, which aims to "unshackle" energy firms from climate concerns, has the support of billionaire investor Peter Thiel.
August 11, 2022
Barred Broker Sentenced to 5 Years in Prison Over $7M Ponzi SchemeThe ex-broker used clients' funds on credit card and country club payments, as well as Red Sox tickets.
August 11, 2022
New Bill Would Boost IRA, Retirement Plan Contribution Limits for 1 YearContribution limits for 2023 would be $24,500 for workplace retirement plans and $10,000 for IRAs.
August 10, 2022
IRS Posts 2023 Employer Coverage Affordability LimitsRevenue Procedure 2022-34 will affect whether clients get ACA health premium subsidies.
August 10, 2022
Billionaire Minimum Income Tax Act Introduced by House DemocratsHouseholds worth over $100 million would have to pay at least a 20% tax on their full income, including unrealized gains.
August 10, 2022
SEC Proposes More Changes to Private-Funds FormThe proposal "would improve the quality of the information we receive from all Form PF filers," says SEC Chair Gary Gensler.
August 10, 2022
Morgan Stanley Sued by Ex-Broker Over Arb AwardThe firm's former registered rep alleged he was wrongfully terminated and defamed by the wirehouse.