In a letter to B-D execs, Leo Wells said his real estate investment company has halted any further offerings. The reason? Lack of regulatory 'clarity.'
Plus: Asian markets are charging, hitting a year-end financial high note, how to use bond ETFs, Amex gets stung, and apps for getting fit. Check out Breakfast with Benjamin.
Money manager said to seek $3 billion for new credit hedge fund.
Plus: Hedge funds short gold, bonds embrace Fed taper, Obamacare hits the family budget hard, a case for reverse mortgages, and holiday tipping tips
Breakfast with Benjamin: At Bernanke's final meeting, Fed poised to cut another $10B from its bond-buying program. Plus: CEOs struggle to manage expectations, income tax pain hits home, a tale of two homebuilder ETFs, and young folks aren't biting on the Obamacare sales pitch.
The best hedge fund managers tend to find profits in short-term, contrarian bets.
Plus: Elizabeth Warren vs. Wall Street, emerging markets see downside of credit boom, and the realities of alternative energy investments. All in Breakfast with Benjamin.
Fund to tap into 'renaissance' in domestic energy production.
Seeks to bar hedge fund manager from overseeing investor funds.
Investors watch the Fed as its last meeting of the year begins. Also in today's Breakfast with Benjamin: Stocks to buy when the Fed tapers, gold investors seek the bottom, IPOs gone wild, and a Deutsche Bank shopping guide.
In a win for UBS Financial Services Inc., an SEC administrative judge dismissed allegations that two leading executives in Puerto Rico committed fraud in 2008 and 2009.
In the wake of fraud allegations over alternative investments, Bruce Kelly warns that advisers need to do their due diligence when choosing an alt. <b>More:</b> <a href="http://www.investmentnews.com/article/20130811/REG/308119973">Investors defrauded by real estate guru: Finra</a>
Friday's breakfast is served: Big banks feel the heat from religious investor groups; Deutsche Bank settles with Finra; the housing recovery's recovery and Jamie Dimon's wacky holiday card
Insider says buyout firms rake in dough for acting as brokers for takeover targets.
Advisers share their tips on how to broach the subject of new asset classes and strategies
Deal is on top of $62.5 million the bank contributed to settlement fund.
Today's Breakfast with Benjamin: T. Rowe Price warns of correction, Deutsche Bank bans chat rooms, the first-ever hedge fund ad debuts, big banks sweating over the looming Volcker rule, and EU Commission levies heavy fine for rate rigging.
Today's Breakfast with Benjamin includes: Facing the reality of capital gains, Hilton IPO sheds light on hotel stocks, hedge funds go long-only, and the Brits outshop Americans.
For investors and advisers interested in the fast-growing and sometimes misunderstood fracking space, extreme caution might be the most prudent move. Lax disclosure is one of the problems.
Wall Street continues to intensify its loving gaze on the domain of independent broker-dealers and the alternative investments they're selling. This time, the Street's sights are on nontraded REITs.