Cathie Wood Hits Back at Michael Burry, Says China Turmoil Boosts U.S. Tech
By Sonali Basak and Luke McGrathBurry's Scion Asset Management owned bearish put contracts against 235,500 shares of the ARK Innovation ETF as of June 30.
August 16, 2021
Direct Indexing to Grow Faster Than ETFs, Mutual Funds: CerulliCerulli is forecasting a 11.4% annual growth rate over the next five years vs. 11.3% for ETFs and 3.3% for mutual funds.
August 16, 2021
FINRA Seeks Feedback on BDs' Cloud Computing PracticesFINRA seeking comments on new report, including areas where guidance or modifications to FINRA rules may be desired to support cloud adoption.
August 16, 2021
LPL, WEG Advisor Faces Child Porn ChargesWealth Enhancement Group says it terminated the advisor after his arrest last week.
August 16, 2021
State Street to Close 2 NYC Offices in Embrace of Hybrid WorkIts New York-based staff will work remotely or from buildings in New Jersey and Connecticut.
August 16, 2021
Jackson Launches Annuity for Independent RIAs: Annuity MovesDelaware Life, American Equity, CUNA Mutual and Brighthouse also have annuity news.
August 13, 2021
New Bill Creates Medicare Part E, Open to AllMedicare Part E would be available to every individual who is not already eligible for Medicare or Medicaid.
August 13, 2021
Mariner Wealth to Buy $500M Pittsburgh RIAThe acquisition of Commonwealth Advisory Group, Mariner's fourth announced purchase this summer, is expected to close Aug. 31.