Wall Street misconduct, the SEC, crypto, private equity, hedge funds, sports betting.
103 articles · page 6 of 6
Corporations vs. Their Own Employees “Wall Street sort of lost its way, in that investment banking has become a function not of allocating capital properly, but levering capital and levering the returns on capital as opposed to transferring capital to productive industries.” –Bill Gross, CEO, PIMCO, as reported by Reuters, Bill Gross’ astute comments…
The SEC has recommended that investment professionals providing personalized advice to retail customers follow a fiduciary standard of care, according to a SEC staff report sent to Congress on January 21. The long-awaited staff report recommends that the SEC commissioners write regulations to create a fiduciary standard for broker-dealers, which is about the same as…
In a global economy, the world’s central banks have become increasingly intertwined and interdependent. This often creates interesting confrontations, especially when they are public. This is what makes this Bloomberg news article interesting. Since this article was published in June 2011, Europeans have imposed some salary caps on their top CEOs, yet that discussion has…