Scaramucci’s SkyBridge Limits Client Exits Even As Crypto Soars
Anthony Scaramucci effectively barred clients from exiting SkyBridge Capital’s crypto-focused hedge fund, even though returns have jumped.
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ARK Investment's Cathie Wood Defends Strategy In Letter To Investors
CEO of ARK defended the strategy of the firm's money-losing flagship fund, telling investors that its fortunes will reverse when interest rates fall.
Regulators Fine Citigroup $136 Million In Setback For CEO Jane Fraser
Regulators slapped Citigroup with $136 million in fines for failing to resolve long-standing deficiencies surrounding controls and risk management.
Questions Persist About The Source of Funds Used by Roaring Kitty To Purchase Shares
A month after the re-emergence of Keith Gill, aka Roaring Kitty, questions persist about the source of funds used to buy GameStop and Chewy shares.
UBS Agrees To $850,000 Payout To Resolve Allegations Of Failing To Supervise Representative
UBS agrees to pay $850,000 to resolve allegations of failing to supervise a registered representative accused of wrongfully channeling money.
Vanguard's New CEO, Salim Ramji, Takes the Helm
CEO, Salim Ramji, takes the helm today of Vanguard. This marks the first time the company has hired a chief executive from outside its ranks.
Ameriprise Secures Restraining Order Against LPL in Client-Solicitation Dispute
Federal judge granted Ameriprise's request for temporary restraining order which addresses actions taken by advisor team that transitioned to LPL.
