The SEC must take these 3 actions to protect investors from forced arb…

Cartoonist Ashleigh Brilliant’s quip, “I don’t have any solution, but I certainly admire the problem,” encapsulates the Securities and Exchange Commission’s report on mandatory arbitration clauses in RIA customer contracts.  Last year, Congress tasked the SEC with investigating the frequency of arbitration claims and types of predispute arbitration provisions in customer contracts used by registered […]

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Asia stocks rise as investors continue assessing omicron variant risk

SINGAPORE — Shares in Asia-Pacific were mostly higher in Wednesday trade as investors continued to assess the impact of the omicron Covid variant. Hong Kong’s Hang Seng index gained 0.34% as of its final hour of trading, paring earlier gains of more than 1%. Mainland Chinese stocks closed mixed, with the Shanghai composite slipping slightly […]

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Paytm sinks on debut as India’s biggest IPO irks some investors

MUMBAI, Nov 18 (Reuters) – Digital payments start-up Paytm (PAYT.NS) made one of the worst major Indian stock market debuts on Thursday as its shares fell more than 27% after India’s largest-ever IPO. read more Paytm’s debut rout raised questions around impending initial public offerings (IPOs) on the until-now red hot Indian market, including those […]

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