Rejection screams 'we're ready to approve,' says financial planner.
It's the latest high-profile traditional financial finance firm to file for such an exchange-traded fund, after BlackRock made a splash with its June 15 application.
Capital raises that are open to the public allow for access to new avenues of wealth-building.
The long-outdated accredited investor rule has become a symbolic roadblock between retail investors and institutional-quality investments.
EDX Markets offers a ‘noncustodial’ model, meaning that it doesn’t hold clients’ digital assets during trading.
Given the three dozen others that have filed for a bitcoin ETF without success, ETF watchers are wondering if BlackRock has an inside track to gain approval.
Kalbaugh will work with the fast-growing wealth management firm's executive leadership on strategic planning.
Marketplace combines hundreds of existing platforms run by providers of alternative investments into a single network.
Schwab self-reported the issues with disclosures related to exchange-traded notes, which occurred from January 2016 to December 2020, to Finra.
Advisors will likely face more stringent compliance requirements as a result of the SEC's actions and may need to reassess their compliance programs to adequately address the unique risks associated with digital assets.
Clayton took a swipe at the current leadership of the Securities and Exchange Commission for swinging too far in the wrong direction.
Both federal and state officials drilled in on the firm's staking program, which offers customers a return for letting their tokens be used to facilitate blockchain transactions.
The legislation mandates that the SEC think beyond current income and wealth thresholds to define the sophisticated investors who are qualified to buy private securities.
Regulator’s suit comes day after the agency sued crypto platform Binance for a wider set of violations.
As the banking crisis unfolded during the first quarter, the youngest investors were loading up on financial sector stocks and crypto, while older investors backed off.
The agency has for months been probing whether Binance illegally sold digital coins as the exchange was getting off the ground in 2017.
Park Avenue Securities fell short in its supervision of a rep who helped operate a cannabis business, the regulator says.
The legislation seems to strike a balance between concerns about allowing ordinary investors to buy private placements and creating opportunities for them to diversify their portfolios.
Investor harm is occurring among so-called sophisticated investors, and strong guardrails must be put in place if access to unregistered securities becomes easier for retail investors.
Irvine-based JRL Capital Corp. reported total assets of $43,000 and total investor claims against the firm of $2.5 million.
