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Almost all of the decline reflects performance-related losses rather than client withdrawals, according to a person familiar with the matter.
June 16 -
The ETF aims to track companies specializing in remote-working, learning and entertainment.
June 16 -
The $4.9 billion fund has come under close scrutiny as crude’s rapid plunge forced it to quickly shift some of its giant positions on short notice.
June 15 -
It’s the regulator’s largest restitution order this year.
June 4 -
Don’t expect significant changes anytime soon to longstanding complaints about conflicts of interest in the “issuer pay” model of the ratings business.
June 3 -
The change is one of several made to the board’s disciplinary reporting process following a report by an independent task force that found “systemic, long-standing, governance-level weaknesses.”
May 29 -
The $4.64 billion fund lost 75% of its value in two months.
May 29 -
The onetime CFP pleaded guilty to violating his parole after previously avoiding prison time through a plea deal in 2018.
May 26 -
Firms founded by Jason Wenk allegedly failed to oversee a former advisor accused of investing clients in unregistered securities.
May 22 -
The regulator was one of the first U.S. agencies to tell employees to stay home during the pandemic,
May 19