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Authorities Impose $500,000 Penalty on Webull
Massachusetts authorities recently imposed a $500,000 penalty on Webull, an online brokerage, citing inadequate compliance mechanisms.
Stocks Won't Go Much Higher Next Year, Wall Street Bear Predicts
Morgan Stanley's Mike Wilson sees stocks nearly flat in 2024. Wilson projects earnings growth in the S&P 500 (^GSPC) to $229 per share.
Fidelity Rolls Out Suite of New ETFs, Slashes Fees
Fidelity launched group of 6 new ETFs and announced sharp reductions on management fees on nearly a third of its total ETF lineup.
Fake Filing for BlackRock XRP Trust Caused Brief Price Spike
A fake filing that was designed to look like BlackRock was setting the stage for an XRP ETF caused a temporary pump in the price of XRP.