Independent digital investment advisor Betterment has reached an agreement with Goldman Sachs to acquire the digital investment accounts of Marcus Invest. Subject to customary closing conditions, those accounts will be transferred to Betterment around June 29, the companies said in a Monday (April 22) press release. Customers will have the option...
Robinhood believes it has been “misunderstood.” A new movie might not help matters. As The Wall Street Journal (WSJ) reported Saturday (Sept. 16), the trading platform is featured in the new comedy “Dumb Money,” which tells the story of the 2021 “meme stock” craze, and the...
Call it, perhaps, a New Year’s Resolution list — for regulators. In documents released Tuesday (Jan. 8), the Securities and Exchange Commission’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. The list...
December 01, 2024
There are a lot of eyes on the cryptocurrency market these days amid its latest boom. But as Bloomberg News reported Friday (Nov. 29), it’s a boom that retail investors may not be embracing the way they did during the pandemic, perhaps because they’re recalling how fast it took for that 2021 bubble to pop. […]
September 17, 2023
Robinhood believes it has been “misunderstood.” A new movie might not help matters. As The Wall Street Journal (WSJ) reported Saturday (Sept. 16), the trading platform is featured in the new...