The firm was ordered to pay more than $450,000 in total this week in separate complaints about the complex product.
Jeremy Carlson allegedly acted as an unregistered broker-dealer and salesperson, and engaged in fraudulent practices, according to the state's securities commissioner.
The recently announced merger of the Kingswood SPAC with broker-dealer aggregator Wentworth fell short of the Big Board's listing standards.
The SEC chief says disclosures can be tailored for digital firms. He mentioned that such an approach is used for asset-backed securities and equity offerings.
The first examples of this new strain of ETF creativity could hit the markets within days, giving day traders another toy and financial advisers another headache.
The debut of the macro opportunities and risk parity strategies paves the way for an expanding alternatives lineup.
Retail investors were more apprehensive about cryptocurrencies whereas professional investors were more open-minded toward digital assets.
Almost 90% of survey respondents believe the stock market can erase most of the losses that occurred during the first half, according to an InspereX survey.
Key to allocating to funds employing alternative strategies is knowing what to expect and not trying to time investments.
Four years after being fired for sexual misconduct, Daniel Michalow wins his defamation case against the $60 billion hedge fund.
The award contains two unusual features: $500,000 in punitive damages to the clients and a two-to-one split decision among the three-person panel.
The regulator found that the listing proposal didn’t do enough to prevent fraud and manipulation.
The agency said UBS reps didn't understand the complex product or whether buying it was in a client's best interests.
Firms are supposed to begin tracking data such as customers’ capital gains and losses starting in January.
The platform has now received four rounds of outside funding in less than two years from investors that see the potential for diversification in the current market environment.
The president of the crypto exchange, Sam Bankman-Fried, says that he's 'excited’ about Robinhood’s prospects.
While it might be a lousy long-term investment, gold has a proven track record of rising to the occasion when times are tough.
Their attorney, Jeffrey Erez, said they were misled by UBS brokers who didn't understand the risky product.
Advisory firms' challenges when it comes to alts range from getting access to investments, meeting minimums, figuring out how to subscribe and the headache of performance reporting.
The regulator sanctioned the broker-dealer for violations related to its marketing of securities it had underwritten and failings related to sales of GPB private placements.
