New SEC rules would fleece everyday investors to enrich Wall Street
New proposals from the Securities and Exchange Commission will tilt the scales in favor of Wall Street and against a huge group of retail investors.
Similar Posts
As PE crowds out RIA buyers, here’s what sellers need to know
Jess Polito of the M&A consulting firm Turkey Hill Management thinks the private equity capital financing many industry acquisitions presents an ethical quandary to RIA sellers. Processing Content Many may feel they have an obligation to their clients, employees and even themselves to go with a purchaser offering something more than the largest payout. But…
Santander latest lender to hike mortgage rates
Santander has announced increased mortgage rates across its new business and product transfer range, along with the addition of 10-year and new-build options. As of 22 July, Santander will increase mortgage pricing by as much as 0.3%, with higher loan to value (LTV) deals facing larger rises. For example, first-time buyers selecting a two-year fix…
Montreal home sales slide while Quebec City prices keep rising
On the island, sales dropped 14% and the median single-family price slipped 4% to $779,000. Laval posted the steepest sales decline among major areas at 17%. Only Vaudreuil-Soulanges and Saint-Jean-sur-Richelieu recorded gains, of 2% and 1%. Condo sales fell 14% across the CMA, and units took an average of 65 days to sell, up from…
I Reached Financial Independence Before 40 (Everything You Know is Wrong)
I reached financial independence before 40. I set out to do the impossible, and achieved it. I bought rental properties, worked hard at my job, saved and invested most of my money, and got to my goal. Then I realized something I wish someone had told me—everything I thought I knew about financial independence was…
Foreclosure activity continues steady climb in July
Just under 40,000 homes across the U.S. carried some kind of foreclosure filing during the month of July, real estate analytics firm Attom said Thursday. That pushed foreclosure activity up 1% from June and 10% higher than a year ago, which is “relatively low” compared to historical standards but a sign of increasing strain on…
OpenAI ‘will be a public company in 2027’ or sooner, CFO Friar tells employees
Sarah Friar, CFO of OpenAI, appears on CNBC’s Squawk Box on Aug. 20, 2025. CNBC OpenAI CFO Sarah Friar told employees during an all-hands meeting on Wednesday that the artificial intelligence lab “will be a public company in 2027,” but that it could make its public market debut sooner if “our business continues to inflect.”…
