There is a shocking lack of self awareness at the SEC. Nothing is their fault.
— Mark Cuban (@mcuban) February 21, 2014
“Love the fact that Commissioner Aguilar is CRUSHING the SEC on its turnover,” Mr. Cuban tweeted. “I'm liking this guy a lot.”
A jury in October found Mr. Cuban, 55, didn't commit insider trading when he sold his stake in an Internet company after learning about its plans to raise additional funds, which would have diluted his investment. Mr. Cuban compared the victory to “winning a Mavs championship” and criticized the agency's trial lawyers by name on Jay Leno's "Tonight Show."
Mr. Cuban said Friday that he's not seeking an audience with Ms. White and attended the conference to learn more about how the SEC operates. In a brief interview with reporters, he criticized the agency for blaming its problems on a lack of funding.
The @SEC chairwoman has mentioned funding so many times I feel like I'm being pitched at a fund raiser.
— Mark Cuban (@mcuban) February 21, 2014
“Commissioner Aguilar said the same thing — there's no institutional knowledge anymore because of the turnover, and that creates a big problem,” he said. “It was obvious in my case.”
I'm impressed by the @sec chairwoman's confidence and salesmanship .
— Mark Cuban (@mcuban) February 21, 2014
Unfortunately when it comes to her comments on enforcement she showed a lack of self awareness. But to her credit she is selling hard.
— Mark Cuban (@mcuban) February 21, 2014
(Bloomberg News)
Two RIAs expand their geographic footprints with deals in New York's Capital Region and coastal Alabama.
A 27-year Merrill veteran, Florida advisors, and a trio of New Jersey advisors just moved to new platforms.
Broker-dealer expands its model portfolio platform with modular building block strategies designed to give advisors greater customization at scale.
The mega-RIA with roughly $160 billion in client assets remains firmly in acquisition mode amid rumors of private equity giants vying to scoop it up.
Record annuity demand for principal protection collides with the most hawkish Fed dissent since 2016.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income