SEC Charges Portfolio Manager and Advisory Firm with Misrepresenting Risk in Mutual Fund
SEC announced charges against a New York-based investment adviser for misleading investors about the management of misrepresenting risk in a mutual fund.
February 2020
January 2020
Asian Stocks Rebound, Bitcoin Consolidates Above $9,000
Asian stock indices rebound and finished mixed helped by upbeat economic data from China and a positive close in Wall Street.
Christine Lagarde: How can a united Europe meet the challenges it faces today?
Speech by Ms Christine Lagarde, President of the European Central Bank, during a dinner on "Uniting Europe", World Economic Forum, Davos, 23 January 2020.
Bank Rate maintained at 0.75% – January 2020
The Bank of England’s MPC sets monetary policy to meet the 2% inflation target and a majority of 7-2 to maintain Bank Rate at 0.75%.
Global Derivative Markets Reached Record Levels in 2019
Trading volume is at record levels in options and futures, according to data compiled by an industry trade group - the Futures Industry Association (FIA).
Equities Continue To Oscillate On Virus Outbreak Woes, US GDP in Focus
As death tolls continue to rise, headlines popped up hinting at WHO considering declaring the virus outbreak as a global concern.
CFTC Orders Commodity Pool Operator, CEO to Pay More Than $10 Million for Misleading Statements, Supervision Failures
CFTC issued an order settling charges against Catalyst Capital Advisors LLC for materially misleading statements made by Catalyst and its portfolio manager.
SEC Charges Husband and Wife with Nearly $1 Billion Ponzi Scheme
SEC today charged a California-based couple with orchestrating a nearly billion-dollar Ponzi scheme involving alternative energy tax credits.
Loans granted by Lithuania’s credit institutions to Lithuanian residents reduced in December 2019
Bank of Lithuania published the MFI balance sheet for Dec19, which shows that: loans granted by credit institutions decreased by1 131.2 million.
ASIC bans Adelaide financial adviser Adrian Cassidy for six years
ASIC has banned Adelaide financial adviser Adrian John Cassidy, who acted dishonestly, from providing financial services for six years.
European Equities Recover, FOMC Press Conference in Focus
Earnings report from major league brand icons to dominate Wall Street activity, Fed rate decision press conference also remains in focus.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.