The conventional wisdom on high-frequency trading is that it hurts no one and in fact makes market more liquid. Retail investors therefore benefit from the algorithm-driven, split-second trades that make up more than half of the activity on a given exchange....More
Wealthy LGBT investors take a more conservative approach to investing and are less diversified than non-LGBT investors, a Spectrem Group study finds. They also tend to be more satisfied with their advisor....More
What are Friends For?
A life-long friendship that began in Long Island ended in allegations of a $9 million insider-trading scheme last week. On January 16, FINRA barred former J.P. Morgan Securities David Michael Gutman and his broker Christopher John Tyndall, a former advisor at Meyers Associates....More