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Robinhood plans to reveal IPO filing as soon as next week
NEWS REGULATION AND LEGISLATION MAY 19, 2021
Robinhood plans to reveal IPO filing as soon as next week

The filing will give potential investors their first comprehensive look at Robinhood's financials and the risks associated with the stock.

Crypto craze coming undone now that everyone's in
INVESTING ALTERNATIVES MAY 19, 2021
Crypto craze coming undone now that everyone's in

As Bitcoin and other cryptocurrencies plunge, new entrants to the market are especially running for the exits.

Specter of 1960s inflation haunts U.S. economy today
NEWS REGULATION AND LEGISLATION MAY 19, 2021
Specter of 1960s inflation haunts U.S. economy today

The U.S. is seeing a supercharged federal budget combine with a lax monetary policy posture, just as in the 1960s, when the combination led to the start of a years-long climb in inflation.

JPMorgan reopens offices across the U.S.
YOUR PRACTICE PRACTICE MANAGEMENT MAY 17, 2021
JPMorgan reopens offices across the U.S.

Its plan to bring employees back to the office will probably be watched closely by major financial firms, which may adjust their plans depending on how it goes.

Hot sector of ESG investing is cooling fast
INVESTING ESG MAY 14, 2021
Hot sector of ESG investing is cooling fast

The record-breaking boom in clean energy funds is rapidly giving way to a bust; since the beginning of May, about $154 million has been pulled from clean energy ETFs.

Cboe files to list Fidelity Bitcoin ETF
INVESTING ALTERNATIVES MAY 12, 2021
Cboe files to list Fidelity Bitcoin ETF

The exchange has proposed listing Fidelity's Wise Origin Bitcoin Trust, saying in its filing that concerns about potential manipulation of a Bitcoin ETF have been 'sufficiently mitigated.'

Signs of inflation are roiling asset markets
NEWS INDUSTRY NEWS MAY 12, 2021
Signs of inflation are roiling asset markets

The most-recent round of U.S. corporate earnings calls showed the word inflation was back in vogue, with its usage rising 800% from a year ago.

UBS explores offering crypto investments to rich clients
YOUR PRACTICE FINTECH MAY 10, 2021
UBS explores offering crypto investments to rich clients

The Swiss firm is exploring several alternatives for offering the asset class, people familiar with the plan said. Any investment offering would be a very small portion of the clients’ total wealth because of the volatility.

Brokers raise billions for green land deals IRS calls tax scams
INVESTING ALTERNATIVES MAY 07, 2021
Brokers raise billions for green land deals IRS calls tax scams

Expanded government crackdowns on syndicated conservation easement land deals are creating financial and legal headaches for some wealthy investors.

Weber says UBS should consider a chairwoman when he leaves
YOUR PRACTICE PRACTICE MANAGEMENT MAY 06, 2021
Weber says UBS should consider a chairwoman when he leaves

The bank is planning to appoint a successor to Chairman Axel Weber, 64, at its annual general meeting next year.