SEC to mutual fund industry: Stop promising safety and protection

Today's Breakfast with Benjamin: The regulator tells the mutual fund industry to stop promising safety and protection. Plus, the QE government bonanza, JPMorgan's Twitter beatdown, SAC Capital trial could go inside the hedge fund.
NOV 13, 2013
The SEC's latest guidance on overly ambitious mutual fund names could, and should, lead to some nomenclature revisions. Heightened scrutiny on fund names suggesting safety or protection from loss Five years' worth of quantitative easing has been good for government, but has not been the force behind the stock market run, a McKinsey study finds. Government costs reduced by $1.6 trillion JPMorgan gets a quick lesson on the brutal flipside of social media, cancels Twitter- based Q&A. What's your favorite type of whale? The SAC Capital Advisors insider trading trial, kicking off next week, could provide a rare look inside the infamous hedge fund manager's portfolio. The first of two trials tied to the hedge fund run by Steven A. Cohen Using P/E ratios to determine a stock's upside and downside price targets. Finding stocks trading below price targets Obamacare enrollment numbers by state. 16,404 signed up in New York, 42 in North Dakota Meanwhile, Nancy Pelosi's math tells a different story. And, finally, for all you Shark Tank fans out there, here is more proof that necessity is the mother of invention. Keeping a non-swimming goldfish afloat

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