SEC to mutual fund industry: Stop promising safety and protection

Today's Breakfast with Benjamin: The regulator tells the mutual fund industry to stop promising safety and protection. Plus, the QE government bonanza, JPMorgan's Twitter beatdown, SAC Capital trial could go inside the hedge fund.
NOV 13, 2013
The SEC's latest guidance on overly ambitious mutual fund names could, and should, lead to some nomenclature revisions. Heightened scrutiny on fund names suggesting safety or protection from loss Five years' worth of quantitative easing has been good for government, but has not been the force behind the stock market run, a McKinsey study finds. Government costs reduced by $1.6 trillion JPMorgan gets a quick lesson on the brutal flipside of social media, cancels Twitter- based Q&A. What's your favorite type of whale? The SAC Capital Advisors insider trading trial, kicking off next week, could provide a rare look inside the infamous hedge fund manager's portfolio. The first of two trials tied to the hedge fund run by Steven A. Cohen Using P/E ratios to determine a stock's upside and downside price targets. Finding stocks trading below price targets Obamacare enrollment numbers by state. 16,404 signed up in New York, 42 in North Dakota Meanwhile, Nancy Pelosi's math tells a different story. And, finally, for all you Shark Tank fans out there, here is more proof that necessity is the mother of invention. Keeping a non-swimming goldfish afloat

Latest News

Integrated Partners, Kestra welcome multigenerational advisor teams
Integrated Partners, Kestra welcome multigenerational advisor teams

Integrated Partners is adding a mother-son tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.

Trump not planning to fire Powell, market tension eases
Trump not planning to fire Powell, market tension eases

Futures indicate stocks will build on Tuesday's rally.

From stocks and economy to their own finances, consumers are getting gloomier
From stocks and economy to their own finances, consumers are getting gloomier

Cost of living still tops concerns about negative impacts on personal finances

Women share investing strengths, asset preferences in new study
Women share investing strengths, asset preferences in new study

Financial advisors remain vital allies even as DIY investing grows

Trump vows to 'be nice' to China, slash tariffs
Trump vows to 'be nice' to China, slash tariffs

A trade deal would mean significant cut in tariffs but 'it wont be zero'.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.