FINRA’s National Fraud and Financial Crimes Detection Programs has sent 50 cases to the SEC involving potential fraud by public companies related to COVID-19. So reports Think Advisor.
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Securities and Exchange Commission Chair Mary Jo White is proposing a host of reforms for…
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The Financial Industry Regulatory Authority has warned its member firms that claiming IRA are free…
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While market bulls are understandably cheering the ongoing equity rally off of 2009 lows, the…
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Smart beta funds are one of the hottest trends on Wall Street and are generating…
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A recent Government Accountability Office report maintains that 401(k) providers…
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The Department of Housing and Urban Development has changed principal…
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Since the turmoil that seized the banking sector with the mid-March failure of Silicon Valley Bank, at least 21 advisors have left First Republic Bank, with 13 heading to Morgan Stanley. So reports AdvisorHub.
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Private equity group Reverence Capital Partners is courting suitors for a minority stake in wealth…
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The NFL Players Association has approved UBS to work with current and former players through…
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Bitcoin’s recent beating has left it below its fair price, giving it “significant upside,” according to JPMorgan Chase. So reports CNBC.
In a recent research note, JPMorgan says Bitcoin is undervalued by 28%. Strategist Nikolaos Panigirtzoglou said the recent crypto market correction “looks more like capitulation relative to last January/February.”
The research note is significant because of CEO Jamie Dimon’s previous comments on cryptocurrency. Dimon has previously said he thinks Bitcoin is “worthless” and that he has no interest in it.
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