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: Curaleaf wins renewal for NJ licenses after emergency meeting of state’s cannabis regulatory commission

MarketWatch

after New Jersey Cannabis Regulatory Commission on Monday approved a renewal of the Massachusetts-based company’s cultivation and retail licenses for adult-use in the Garden State, in a reversal of a decision last week, according to spokespeople for the commission and Curaleaf. CURLFCA:CURA stock is up 4.2%

License 75
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A Short History of Stocks

The Big Picture

That changed on May 1, 1975, when the Securities and Exchange Commission mandated a change in commission structures. Costs continued to fall: Over the next 25 years, commissions would fall from about 1.0% More to come later… Previously : Where Has the Retail Investor Gone? Lots of other active managers did well.

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10 Thursday AM Reads

The Big Picture

It’s like being forced to pay a travel agent commission when booking a flight directly online. ( Prices of durables have been falling for five straight months ( Wall Street Journal ) • US retail lobbyists retract key claim on ‘organized’ retail crime : The main lobbying group for U.S. The FDA Is In Its Way.

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PIABA Urges SEC to Suspend RIA Mandatory Arbitration Clauses

Wealth Management

In a recent report, the SEC Investor Advocate suggested the commission "temporarily" stop RIAs from including mandatory arbitration clauses in contracts, arguing they could "mislead retail clients into not exercising their legal rights."

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SEC Bars California Advisor For Defrauding Hundreds of Retail Clients

Wealth Management

According to the commission, Keith Springer and his firm used “deceptive marketing” via ads and his radio show to attract investors, many of whom were retirees.

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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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Research links: disappearing records

Abnormal Returns

allocatesmartly.com) Commission rates have a big effect on retail trading behavior. (institutionalinvestor.com) Research Why trade Bitcoin when you can trade the Nasdaq. dualmomentum.net) Which defensive assets perform best when the S&P is down? papers.ssrn.com) Do women-managed mutual funds vote differently?