| | | Ex-Platinum executive, NYC union chief must face fraud charges | | | NEW YORK (Reuters) - A federal judge in Manhattan on Monday refused to dismiss fraud charges against a former Platinum Partners hedge fund executive and a former union leader for New York City prison guards, who claimed their indictment was based on illegal wiretaps. |
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| | | Former F-Squared CEO goes to trial in SEC fraud case | | | BOSTON (Reuters) - The former chief executive of F-Squared Investments Inc, once the largest U.S. money manager creating portfolios out of exchange-traded funds, went to trial on Monday on charges by the top U.S. securities regulator that he misled investors. |
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| Trump administration signals plans to defang retirement rule | | | NEW YORK (Reuters) - The U.S. government will likely water down a key part of a landmark retirement rule, lawyers for the Department of Labor said, signaling that the government will offer an out for brokerages that would have been subject to class action lawsuits. |
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| Family offices look to emerging market equities for yield: report | | | LONDON (Reuters) - Companies that manage portfolios for individual families are looking to increase investments in emerging markets after higher equities helped them achieve average returns of 7 percent in 2016, according to a report by Campden Research and UBS. |
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| | | Bitcoin ETF idea still a little funky, experts say | | | NEW YORK (Reuters) - Demand for exchange-traded funds that would provide exposure to cryptocurrencies like bitcoin is strong, but regulators will likely wait until the underlying market matures more before approving such products, a panel of securities industry experts said on Friday. |
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