Hedge funds win review of SEC’s short sale disclosure rule
The New Orleans-based 5th Circuit has sided the industry groups arguing the commission’s short-selling rules exceeded its authority.
Consumer Confidence declined in August amid income stagnation, cooling job market
“Consumers’ appraisal of current job availability declined for the eighth consecutive month, but stronger views of current business conditions mitigated…
Carlyle to acquire intelliflo from Invesco, spinning off RedBlack for US RIAs
The deal will see the global alts giant snap up the fintech firm, which has struggled to gain traction among…
Advisor moves: LPL scoops up $700M Wedbush team in Texas
Elsewhere, Osaic extended its reach in Knoxville with a former TrustFirst team, while Raymond James scored another win in the…
Fed bank presidents face risk of removal on Trump’s maneuvers, Brainard says
The former Fed vice chair under Biden warned Trump’s attacks on central bank independence “means higher inflation potentially, less credibility,…
RIA moves: Wealthspire snaps up $380M Marin Financial Advisors
Meanwhile, EP Wealth extended its Southwestern presence with a $370 million women-led firm in Santa Fe, New Mexico.
Stocks fall as French, Fed turmoil hit risk mood: Markets Wrap
Trump in focus as politics, trade fears spark risk-off sentiment.
US takes steps to hit India with 50% tariff from Wednesday
Trump had vowed to impose heavy levies due to Russian oil imports.
Bitcoin nears seven week low as investors shift focus to Ether
Digital asset traders have refocused their attention in cryptocurrencies.
US renewable investments fell 36% on Trump’s policies, BNEF says
Investments fell by $20.5 billion, or 36%, in the first half of the year.