Women-managed funds are outperforming as tech exposure pays off, Goldman finds (CNBC by Pippa Stevens)A History of SOES, Daytrading, NASD, NASDAQ, DOJ, SEC, Congress, and Robinhood (BrokeAndBroker.com Blog)
. . . 43% of women-managed funds - as defined by those with at least one third of portfolio manager positions held by women - have outperformed their benchmark this year, compared with just 41% of those managed by men. Adjusting for volatility, the median fund with all women portfolio managers has returned more than double that of the typical all-male managed fund.
[M]cLane and Nash defrauded over 700 investors by convincing them to invest in a fraudulent pyramid scheme they operated through their multi-level marketing company, Mindset 24 Global, LLC. According to the complaint, McLane and Nash raised more than $1 million from investors who purchased or sold packages of self-improvement materials in order to participate in Mindset 24's compensation plan, thereby earning commissions from profit-sharing pools and by recruiting new investors. As alleged in the complaint, Mindset 24 was not a legitimate business and was instead entirely dependent on existing investors recruiting new investors to fund the scheme. McLane and Nash also allegedly misappropriated over $50,000 in investor funds for themselves. As set forth in the complaint, the scheme inevitably collapsed, with the vast majority of investors losing money.
[B]etween January 2014 and August 2017, Anton Senderov and Lior Babazara owned, controlled, and operated LianTech Finance Marketing, Ltd., an Israeli company that marketed "binary options," high-risk financial instruments that expire at a predetermined time, with potential payouts contingent on the future value of an underlying asset. According to the complaint, Senderov and Babazara, through LianTech, controlled and operated two internet-based binary options brokers, LBinary/Live Binary and Ivory Option, which offered and sold binary options to thousands of U.S. investors and provided investors a binary options trading platform. The complaint alleged that the LBinary and Ivory Option websites contained false and misleading statements, and that LianTech employees engaged in deceptive practices, resulting in retail investors depositing millions of dollars into trading accounts at the firms. The complaint also alleged that LianTech, LBinary, and Ivory Option never registered the sales of binary options with the SEC, and that neither those firms, nor Senderov and Babazara, registered with the SEC as a broker.
The Claims Review Staff ("CRS") issued a Preliminary Determination recommending that Redacted ("Claimant") receive a whistleblower award of over Redacted which is equal to Redacted of the amounts collected in Redacted Redacted and Redacted ("Covered Action"). Claimant provided written notice of Claimant's decision not to contest the Preliminary Determination. After considering the administrative record, we choose to depart from the Preliminary Determination's recommendation and award Claimant Redacted of the monetary sanctions collected or to be collected in the Covered Action, for a payout of over $1,250,000.
Committee on the Judiciary v. Donald McGahn
In re: Hillary Clinton (REVISED)
In re: Michael Flynn