(CNBC) Shares of Facebook jump after a federal court on Monday dismissed the Federal Trade Commission’s antitrust complaint against Facebook, as well as a parallel case brought by 48 state attorneys general, dealing a major setback to the agency’s complaint, […]

(CNBC) The increase in ransomware attacks is closely connected to the advent of cryptocurrency, FireEye CEO Kevin Mandia said Monday.   “There’s a direct correlation,” the cybersecurity firm executive said “When you look at the rise of ransomware, it absolutely […]

(Opalesque) The Securities and Exchange Commission has adjusting the dollar amount thresholds for clients of registered advisers to be “qualified clients” under rule 205-3 of the Investment Advisers Act of 1940, and thus permitted to pay a “performance fee” under […]

(CNBC) Bank of America Corp’s (BAC.N) Merrill Lynch unit will pay nearly $11.7 million to resolve claims that it overcharged customers who invested in unit investment trusts. The payout includes a $3.25 million fine and $8.44 million of restitution, according […]

(Opalesque) Hedge Fund Asset Flows report said that nearly half-way through 2021, the global hedge fund business continues to see strong performance and asset flows, with performance gains and new money boosting the industry to a new record $3.57 trillion […]

(CNBC) The monthly jobs report is the highlight in the coming week, as June winds down and markets start the second half of the year. Economists are expecting about 700,000 jobs. That’s better than the 559,000 in May but below […]

(CNBC) Futures contracts tied to the major U.S. stock indexes rose early Monday morning after the S&P 500 notched its best week since February, as well as a new record, on Friday. Futures tied to the S&P 500 hovered above […]

(Hedgeweek) ThirdYear Capital’s ART Global Macro Fund, a macro hedge fund strategy which fuses quantitative and fundamental investing, has doubled its assets less than a year after launching, with the firm looking to capitalise on prevailing high valuations and interest rate and inflation […]

(CNBC) Wilmington Trust’s Meghan Shue is opening her playbook for the year’s second half — which starts Thursday. Her strategy includes an overexposure to cyclicals, and she favors financials, energy, commodities, materials and industrials. To read this article:

(HedgeCo.Net) The Commodity Futures Trading Commission announced today that it has filed a civil enforcement action in the U.S. District Court for the Southern District of Texas against Troy Mason of Houston, Texas and his Texas-based company, ZTegrity, Inc., charging […]

(Hedgeweek) Hedge funds are on track to comfortably outperform their 2020 showing this year, with strong strategy returns and continued capital inflows boosting industry coffers to almost USD3.6 trillion in the run-up to 2021’s midway point.  To read this article:

(CNBC) The Reddit-fueled trading frenzy is getting out of hand, according to the country’s top investment advisor. Ric Edelman, the No. 1 registered investment advisor in the United States and founder of Edelman Financial Engines, said Monday that he’s “very […]