Alternative investments

A record 186 funds were shuttered last year. What does this mean for the future of the industry?

B. Riley is grabbing a majority stake in National Holdings while pledging to be a passive investor in the overhauled firm.

The SEC may have had good intentions, but the guidelines have distorted markets and reinforced the allure of companies that forego the IPO.

The firm is set to formally begin raising a new fund dedicated to this practice imminently, according to people familiar with the matter.

For younger investors, the current experience of "finding and investing in a mutual fund feels very broken," says co-founder of the investing app startup.

Some unresolved issues haven’t received as much attention as those related to federal securities laws.

But the benefits are not evenly distributed among taxpayers.

Regulators in Massachusetts launched a “sweep” of more than 60 firms that sold nearly $1.3 billion in limited partnerships sponsored by GPB Capital.

The actively managed offering aims to invest in corporate and non-corporate obligations, excluding government-guaranteed issues.