Despite all that’s gone wrong in the industry, the world’s largest custodian bank and other financial giants are hoping to expand in crypto.
According to Robert Earl Turner's BrokerCheck profile, UBS has settled six disputes with his customers for close to $12 million.
With the cryptocurrency's price up 40% so far this year, a new report shows a doggedly bullish outlook among investors and advisors willing to look past extreme volatility.
The advisor, Anthony B. Liddle, 40, was barred from the securities industry last June by the Financial Industry Regulatory Authority Inc.
At a panel at FSI OneVoice, one speaker suggested the revised math for portfolios could wind up in the neighborhood of 55% stocks, 35% bonds and 10% alternative investments.
Wall Street has revitalized the product, but these REITs face new scrutiny because of an old problem: Investors are demanding liquidity.
The industry, which saw a 27% rise in requests for redemptions of NAV nontraded REIT shares in the fourth quarter, should be ready for continued redemptions at the start of this year, according to investment bank Robert A. Stanger & Co.
The SEC said Nexo's Earn Interest Product amounted to a security that should have been registered with the agency.
Since the credit crisis, investment frauds have proliferated in ways most Wall Street executives and financial advisors in 2008 never would have foreseen.
The digital currency is up 26% over the past month, while some crypto miners are up 125% this year.
The bank says costs will be a top priority this year; it also says it's still committed to its digital assets strategy despite the turmoil in crypto markets.
NASAA's policy agenda asks lawmakers not to erode state oversight of unregistered securities in the effort to bolster capital formation, warning of potential investor harm.
In this year's report, the regulator also created a separate section under the heading of 'financial crimes,' which includes cybersecurity, anti-money laundering and manipulative trading.
The Fidelity Private Credit Fund will be available to individual investors and distributed through financial advisors.
Fintechs may find themselves mimicking some of the same strategies advisors use to demonstrate the value they bring to clients during difficult markets.
There are plenty of private equity managers left who could still invest in large branch offices of independent broker-dealers.
The push to interest retirement savers in crypto was part of an effort by FTX Group to expand its base of everyday retail customers.
Chicago firms Kovitz and Origin will combine real estate investment expertise, creating greater access across the Focus network.
The same Fed policy that hurt fixed income last year is likely to make it the ballast for portfolios for the year ahead.
The firm is required to pay a $50 million fine and spend $50 million to improve compliance over two years.
