How this risky strategy can leave retail investors vulnerable

“The idea that I used social media to promote GameStop stock to unwitting investors and influence the market is preposterous,” Keith Gill told Congress.  Gill — who goes by DeepF——Value on Reddit and Roaring Kitty on YouTube — testified in front of the U.S. House of Representatives’ Committee on Financial Services in February 2021. He … Read more

Britain will reveal crypto regulation plans in coming weeks, sources say

Britain’s Chancellor of the Exchequer Rishi Sunak leaves the 11 Downing Street, in London, on March 23, 2022. Daniel Leal | AFP | Getty Images LONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar … Read more

Vanguard reclaims top target-date fund manager spot, leapfrogs Fidelity and BlackRock

Thomas Barwick | Digitalvision | Getty Images Vanguard Group captured the most new investor money in its target-date funds last year relative to other asset managers, reclaiming the top spot it’d held for over a decade before being dethroned in 2020, according to a new Morningstar report. Target-date funds, or TDFs, have become popular in … Read more