Rising rates have made annuities of all stripes more interesting investments, but two in particular are worth a hard look right now. Multi-year guaranteed annuities—MYGAs, for short—are the insurance ...
Tag: Securities
Crypto companies accused by SEC of offering unregistered securities
Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency lenders Genesis Global Capital and Gemini Trust were accused of selling unregistered securities through a sche...
Bank of America’s Subramanian says S&P 500 earnings risk a 10% drop in 2023
“ ‘We are likely to see some downward revisions [to earnings] and our forecast for profits growth for 2023 is $200 for the S&P 500. That would mean about a 10% decline in earnings peak to trough.’...
Bitcoin spikes above $21,000: is the crypto bear market over ?
Bitcoin, the largest cryptocurrency by market capitalization, spiked above the $21,000 mark on Saturday. The move has encouraged crypto investors who have been shaken by the collapse of several high-p...
Inflation has fallen. Is it time to buy inflation protected bonds?
Good news, especially for retirees: Inflation has fallen. The official rate has just tumbled to 6.5% — down from 9.1% last June. And while 6.5% is still a hefty hike in prices, that’s just the annual ...
Tanking Biotech Stocks Will Mean a Big Year for Deals. Who Could Benefit.
Nearly two years after biotechnology stocks began to tumble, executives at small and midsize companies in the space are finally accepting that share prices aren’t bouncing back anytime soon. With real...
SEC Charges Genesis and Gemini for Offering and Selling Unregistered Securities
The SEC also revealed that Genesis and Gemini generated assets worth hundreds of dollars from hundreds of thousands of investors. On the 12th of January, the US Securities and Exchange Commission (SEC...
Opinion: The days of IRS forgiveness for RMD mistakes may soon be over
Katie St. Ores has a 100% track record of getting her tax clients out of paying the steep penalty for missing a required minimum distribution from their retirement funds. That amounts to only two hous...
Here’s How Genesis and Gemini May Have Violated The Crypto Securities Laws
The U.S. Securities and Exchange Commission (SEC) has filed charges against Genesis Global Capital LLC and Gemini Trust Company LLC for unlawfully offering securities to a large number of investors th...
Genesis and Gemini Charged for Selling Unregistered Securities
The United States Securities and Exchange Commission (SEC) on Thursday charged cryptocurrency firms Genesis and Gemini for allegedly selling unregistered securities. The charges relate directly to ‘Ea...
SEC charges Gemini and Genesis for selling unregistered securities
SEC charges Gemini and Genesis for offering lending services via the Earn program The commission previously charged BlockFi for similar offerings The United States Securities and Exchanges Commission ...
Citigroup Reports Earnings Friday. Here’s What Wall Street Expects.
Citigroup is in the midst of a yearslong turnaround. On Friday, Wall Street will see how successful the bank’s efforts have been. Like most of its peers, Citigroup (ticker: C) is expected to post a dr...
SEC Files Complaint Against Gemini and Genesis for Allegedly Selling Unregistered Securities
The Securities and Exchange Commission (SEC) has filed a complaint against Genesis Global Capital and Gemini Trust Company for allegedly selling unregistered securities to retail investors in the US. ...
SEC Charges Genesis And Crypto Exchange Gemini For Offering Unregistered Securities
The U.S. Securities and Exchange Commission has filed charges against crypto lender Gemini and Genesis for selling unregistered securities through Gemini’s “Earn” scheme. The SEC claims that Earn enab...
SEC charges Genesis and Gemini with selling unregistered securities
The Securities and Exchange Commission on Thursday charged crypto firms Genesis and Gemini with allegedly selling unregistered securities in connection with a high-yield product offered to depositors....
Digital Securities Bill seeking Bitcoin Bond gets approval in El Salvador
El Salvador took one more step closer to embrace cryptocurrency, especially bitcoin (BTC), based economy. The Central American country is now going to soon issue the bitcoin bonds after the bill gets ...
SEC charges Gemini and Genesis with unregistered securities offering
The Securities and Exchange Commission charged Genesis Global Capital LLC and Gemini Trust Company LLC for the unregistered offer and sale of securities to retail investors through a Gemini crypto len...
‘My adviser insists this is a good, low-risk investment.’ I’m semi-retired at 63 with $2 million saved. My financial adviser wants me to sink half my money in an annuity. Should I do it?
I’ve never been a big fan of annuities, but my advisor insists this is a good low risk investment vehicle. Is a variable annuity a good option for me? Getty Images Question: I am 63 and semi-retired. ...
Silvergate Faces Another Securities Law Class-Action Suit
On January 10, a class-action lawsuit was brought against Silvergate Capital, which is the parent corporation of Silvergate Bank and the operator of the Silvergate Exchange Network. The lawsuit was fi...
China Is Opening Fast. Don’t Miss the Rebound for Stocks.
Chinese authorities’ abrupt pivot away from zero-Covid policies has been matched by the quick shift in investor sentiment about Chinese stocks from the bearishness of the past year. As the world’s sec...
Home prices to tumble over 25% from peak levels in ‘overheated’ markets, says Goldman
Credit researchers at Goldman Sachs now expect home prices in several “overheated” metro areas to fall over 25% from peak levels. Metro areas included in their forecast were San Jose, Austin, Phoenix ...
Why Thursday’s U.S. CPI report might kill stock market’s hope of inflation melting away
A mild stock market rally to kick off the new year will be put to the test Thursday when investors face a highly-awaited U.S. inflation reading which could well help determine the size of the Federal ...
Is the SEC Going to Force Cryptocurrencies into Registering as Securities?
For a very long time, it has been unclear whether cryptocurrencies should be treated as commodities or securities. And everyone is aware of the Securities and Exchange Commission (SEC)’s position on t...
NY Business Examines Core Scientific Securities Fraud
A legal company located in New York has said that it has initiated an inquiry into whether or not Bitcoin miner Core Scientific and its leadership may have possibly participated in securities fraud an...
Core Scientific under investigation for potential securities fraud, following…
An NY-based securities class action firm is investigating Core Scientific for potential securities fraud. The investigation is to determine whether the actions of the company led to a decline in its s...
These money and investing tips give you tools for the stock market’s ‘January Defect’
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS These top athletes are investi...