Displaying 8 results
BlackRock throws support behind Texas-based NYSE challenger exchange
The upstart bourse aims to lure issuers seeking relief from rising compliance costs at incumbent exchanges.
$10M penalty vs. NYSE parent goes too far, say SEC commissioners
Two dissenting voices from the federal regulator warned the penalty could create "a counter-productive dynamic" with its regulated entities.
SEC slaps NYSE parent firm with $10M penalty for cyber reporting failure
The federal securities regulator says the exchange giant took four days to report a vulnerability in its network, violating its internal procedures.
NYSE aims to attract ‘exciting’ Asian firms to list in US
Firms from Japan, South Korea, Indonesia, and Singapore could appear.
CI Financial notches 25th deal in 24 months
The Toronto-based mega buyer adds $7.5 billion Gofen and Glossberg, growing its U.S. RIA assets to $95 billion.
MoneyLion makes trading debut after SPAC merger
MoneyLion, fintech founded in 2013, joins the ranks of other recently public fintechs like SoFi, Robinhood and Square’s Cash App.
Fund industry wants lower fees for document delivery
The Investment Company Institute says 25 cents per emailed document is excessive and hurts investors. Broadridge, a fintech firm that sends most proxies and other material to fund shareholders, asserts its system reduces costs for investors.
CI Financial notches 15th RIA acquisition in as many months
The Toronto mega-buyer continues to gobble up U.S. wealth managers at a record clip. Once the deal closes, CI is expected to have approximately $50 billion in U.S. assets and total assets of $212 billion.
