Image Credit: Aviron.com By Jason Zweig | Feb. 28, 2020 2:19 pm ET Take a break from the market turmoil to ponder the drama at a little fund run by the world’s biggest asset manager. It involves allegations of fraud and forgery, not to mention a fund manager’s daughter landing a part in a movie the fund financed....
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Image Credit: Oda Krohg, “By the Kristianiafjord (A Japanese Lantern),” 1886, National Gallery of Norway By Jason Zweig | Feb. 26, 2020 8:00 am ET When markets crumple, the culprits usually aren’t the smallest investors, but the biggest. So far, most individual investors have remained steadfast as stocks have been...
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Image credit: Massachusetts State House, photo by Daderot via Wikimedia Commons By Justin Baer and Jason Zweig Updated Feb. 21, 2020 | 3:25 pm ET Massachusetts said it adopted new rules requiring brokers to act in their clients’ best interests, staking its claim as the first U.S. state to raise the bar on investor protections since a...
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Image Credit: John Vachon, Produce delivery to supermarket in Montgomery, Alabama (1943), Library of Congress By Jason Zweig | Feb. 21, 2020 11:00 am ET Morgan Stanley’s takeover of E*Trade Financial Corp. for $13 billion shows how drastically the brokerage industry’s business model has changed. Firms no longer want to...
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Image Credit: Alex Nabaum By Jason Zweig | Feb. 14, 2020 11:00 am ET Brokers will soon be getting the rule book thrown at them. Investors still need to read the writing on the wall. Before long, brokers will be restrained from placing their own or their firm’s interests ahead of their retail clients’ when making investment...
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