Finance News
Robinhood Pays $7.5M To Settle Massachusetts "Gamification" Charge
The brokerage app sued Commonwealth Secretary William Galvin, arguing against the validity of Massachusetts’ fiduciary standard. The state’s highest court ruled in favor of Galvin.
By NB
Jan 19, 2024
Alphathena’s AI-Enabled Direct Indexing Tool Scores $4M in VC Funding
Able to create personalized portfolios in minutes, the SaaS platform has attracted funding in a venture capital round led by ETFS Capital.
By NB
Jan 19, 2024
Some IBDs Limiting Advisor Use of Bitcoin ETFs
Commonwealth and others are restricting advisors from using the new Bitcoin ETFs, while Cambridge and LPL require advisors get trained before they can invest for clients. Cetera expects to allow the ETFs by the end of the first quarter.
By NB
Jan 19, 2024
Asian Infrastructure Investment Bank Raised Record $3 Billion for 5-Year Sustainable Development Bond with 4.125% Coupon, Orders from More than 130 In
Asian Infrastructure Investment Bank Raised Record $3 Billion for 5-Year Sustainable Development Bond with 4.125% Coupon, Orders from More than 130 Investors & $9 Billion Orders 17th January 2024 | Hong Kong The Asian Infrastructure Investment Ba
By NB
Jan 18, 2024