The Securities and Exchange Commission charged Harvest Volatility Management and Merrill Lynch on Wednesday for exceeding clients’ predesignated investment limits over a two-year period. The two companies settled separately and will pay a combined $9.3 million to resolve the claims. The SEC found Harvest exposed investors to greater financial risks and Merrill connected clients to […]
Diagnosis of the Issue Accessing climate finance remains a persistent challenge for stakeholders at all levels, particularly local communities who require funding to address diverse adaptation needs across critical sectors like food security, water management, and public health. These local actors often face limited options when it comes to financial resources specifically tailored to their […]
BNY Mellon is taking significant steps toward entering the crypto custody market, particularly for Bitcoin and Ethereum exchange-traded funds (ETFs), after securing an exemption from the SEC, Bloomberg News reported on Sept. 24. According to the report, BNY Mellon received an exemption from the SEC’s Staff Accounting Bulletin 121 (SAB 121) during a review by […]
TPG Rise Climate, the climate investing strategy of TPG’s global impact investing platform, TPG Rise, announced that it has raised $1.25 billion in initial capital commitments for its new Global South Initiative (GSI) strategy, aimed at accelerating transformative climate solutions across the Global South, including a $500 million commitment from UAE-backed climate investment platform ALTÉRRA. […]
Obama Promised He Wouldn’t Raise Taxes On the Middle Class. He Lied. Forbes Read the full article…
Walker & Dunlop’s New Seniors Housing Report Shows Growth, Investment Opportunities and Increased Demand Business Wire Read the full article…
Stock market today: US stocks nudge higher in wait for Fed speakers, key inflation print Yahoo Finance Read the full article…
The U.S. Securities and Exchange Commission has approved a rule change that allows Nasdaq’s International Securities Exchange to list and trade options on the iShares Bitcoin Trust (IBIT), BlackRock’s widely-traded exchange-traded fund. Its decision marks another step in expanding the range of derivative products linked to Bitcoin, providing investors with additional tools for managing exposure […]
Justin Sullivan/Getty Images News Apollo Global Management (NYSE:APO) has offered to invest billions of dollars into troubled chipmaker Intel (NASDAQ:INTC), according to Bloomberg, which quoted people familiar with the matter. According to the report Sunday, one person reportedly said the investment could be worth Read the full article…
Bing isn’t just coming for Google’s search users — it wants to steal its advertisers too. And search advertising is such a lucrative section of the roughly $500 billion digital ad market that it almost doesn’t matter if Microsoft barely dents Google’s dominance. Even growing its share of search users by a couple of percentage […]
