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Vanguard Plans First Junk ETF as JPMorgan Heats Up Active Race

Wealth Management

The Vanguard High-Yield Active ETF would trade under the ticker VGHY and invest at least 80% of its portfolio in high-yield debt, according to a Tuesday filing with the Securities and Exchange Commission. Number 8860726. VGHY looks set to mark Vanguard’s first foray into the junk-bond ETF universe.

Planning 268
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Pennsylvania Advisor Who Used Client Funds on Country Club Dues Gets 8 Years in Prison

Wealth Management

and Orchard Park Real Estate Holdings, was originally charged in January by the Securities and Exchange Commission and DOJ. Number 8860726. Mason, who ran Rubicon Wealth Management, a registered investment advisor in Gladwyne, Pa., He pleaded guilty to all of the criminal charges.

Clients 275
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DoL’s Retirement Security Rule & PTE 2020-02 Amendment: What Advisers Need to Know Now About Giving Rollover Advice After Sept 23, 2024

Nerd's Eye View

commissions), and who holds themselves out as a trusted adviser by either stating they are acting as a fiduciary or otherwise indicates that they are making individualized recommendations based on the investor's best interest.

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Extracting Actionable Takeaways From The SEC’s Staff Bulletin Regarding An RIA’s Standard Of Care

Nerd's Eye View

In 2019, the SEC released a Commission Interpretation that separated the obligation of RIAs to act in their clients' best interests into separate duties of care (to provide investment advice in the best interest of the client) and loyalty (to eliminate or disclose all potential conflicts of interest with the client).

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Infra stock hits 5% upper circuit after securing orders for electrical and firefighting works

Trade Brains

Additionally, an industrial project in Tamil Nadu requires the procurement, installation, and commissioning of PT panels, LT cables, and fixtures, valued at Rs. The company expanded its client base, securing orders in key Indian states like Tamil Nadu, Uttar Pradesh, and Gujarat, focusing on the warehousing and retail sectors.

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ESAF Small Finance Bank IPO Review – GMP, Details, Price & More

Trade Brains

ESAF Bank offers a range of products including micro loans, retail loans, MSME loans, loans to financial institutions, and agricultural loans. In terms of revenue, the bank earns 81% from interest income on advances, 10% from interest income on investments, 6% from commission income, and 3% from other sources.

Banking 59
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This broker vs. financial advisor debate got ABSOLUTELY crazy!

Sara Grillo

Watch as all h&#@ breaks loose discussing the question of broker vs. financial advisor, commissions, fees, value, and more! The advisors made the point that the cost of insurance can’t be separated from the “cost of service” or the commission the agent makes. If you’re going out for 20 year term, who cares what the commission is?