Sanctuary Wealth recently launched the Sanctuary Wealth AltVantage Program, or SWAP for short, in partnership with CAIA Association, the global professional body for the alternative investments industry. SWAP will offer Sanctuary advisors complimentary access to the Fundamentals of Alternative Investments (FAI) certificate program on the UniFi by CAIA platform through a sponsorship with Franklin Templeton and FS Investments.

Sanctuary Wealth launches AltVantage program to provide advisors with enhanced alternative investment education

Your article was successfully shared with the contacts you provided. Raymond James Financial has agreed in principle to pay a $50 million civil penalty to settle the Securities and Exchange Commission’s probe related to off-channel business communications, according to a recent quarterly earnings report. The proposed settlement stems from...

Raymond James Nears $50M SEC Settlement Over Texting Issues

The resolution of Ripple’s SEC lawsuit could drive XRP’s price higher. The expansion of Ripple’s blockchain and lower interest rates could bring back more investors. But investors shouldn’t ignore its competitive and macro challenges. XRP's price could soar once it resolves its biggest near-term challenges. XRP...

The Ultimate Cryptocurrency to Buy With $1,000

The Motley Fool

SoFi's earnings are growing steadily, but its loan portfolio has overshadowed the business.

SoFi: Buy, Sell, or Hold?

Unlocking Private Financing with World Bank Guarantee Platform. The world faces unprecedented challenges as developing nations grapple with the impacts of climate change, conflict, and pandemics. The stakes couldn’t be higher: these nations require an estimated $2.4 trillion annually from now until 2030 to fund critical infrastructure, healthcare, and education initiatives. Without these resources, millions risk being left behind, trapped in cycles of poverty and poor living conditions.

Unlocking Private Financing with World Bank Guarantee Platform

BridgeInvest, a Miami-based alternative investment manager specializing in commercial real estate credit, held the final close of its fourth vintage specialty credit fund, raising over $670 million in equity. BridgeInvest Specialty Credit Fund IV (Fund IV) and its parallel investment vehicles aim to capitalize on the current market conditions by...

BridgeInvest raises over $670m for fourth specialty credit fund

The Securities and Exchange Commission has charged 26 financial firms, including broker-dealers and investment advisers, for failing to maintain and preserve electronic communications, a violation of federal securities laws. These firms collectively agreed to pay $392.75 million in civil penalties and have committed to enhancing their compliance procedures. The SEC...

SEC Fines 26 Advisory Firms Almost $400 Million

Sling Money, an app designed to make the global transfer of money instant, easy and low-cost, has announced a $15 million Series A round led by Union Square Ventures, Ribbit Capital, and Slow Ventures. Sling Money previously raised a $5 million seed round led by Ribbit Capital with participation from Slow Ventures. Sling Money combines stablecoin technology with a user-friendly interface and seamless integration with fiat payment systems to enable a better, faster, and cheaper way of moving money globally.

Sling Money Raises $15 Million Series A to Transform Global Payments

Las Vegas, NV

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Bellingham Metro News

LAS VEGAS, NEVADA - A magnitude 4.4 earthquake struck areas near Las Vegas on Tuesday night, according to the United States Geological Service (USGS). The quake, which occurred at 8:06 p.m., was centered approximately 45 minutes from Las Vegas, near Indian Springs.

Magnitude 4.4 Earthquake Shakes Areas Near Las Vegas

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

North Carolina State

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Eden, NC

Town Talks

North Carolina is the 28th largest state by area but boasts the seventh-highest number of counties in the country. If you’re searching for an affordable place to call home in North Carolina, you’re in luck. This diverse and picturesque state offers a range of options that won’t break the bank.

North Carolina City Has Been Named the Cheapest Place to Live in The State

There are many reasons to celebrate the BlackRock Flexible Income ETF (BINC). The actively managed multisector ETF launched less than 15 months ago. It is already approaching $4 billion in assets. It’s also now among the larger active fixed income ETFs joining products from Fidelity, JPMorgan, and PIMCO. BINC...

Golden Age for Fixed Income at BlackRock

New York-based financial giant BlackRock has warned about cryptocurrency scams. Financial behemoth BlackRock has issued a warning about cryptocurrency-related scams on its social media account. "We urge caution in dealing with individuals, websites or social media platforms using our brand and offering training or investments," BlackRock said. BlackRock has stressed...

BlackRock Issues Major Crypto Warning

California State

Alameda Post

Sky-high rent is among Californians’ biggest concerns. Nearly 30% of tenants spend more than half their income on rent; and the median rent is $2,850 a month, 33% higher than the national average.

California Rent Control Back on the Ballot, Twice

Binance has agreed to pay security regulators in Brazil a fine equivalent to $1.75 million for acting as a “securities intermediary” by offering derivatives trading in the country without a proper license. The settlement of 9.6 million Brazilian reais was revealed Tuesday by Brazil’s Securities and Exchange Commission...

Binance to Pay $1.7 Million to Brazil’s SEC Over Crypto Derivatives

Kennedy Lewis Investment Management added 12 team members from Gibraltar Real Estate Capital, which acts as a capital source for residential real estate development across the U.S. The team will be folded into KL Servicers, which offers asset monitoring, servicing and due diligence for land banking investments. Gibraltar Co-Founders Roger Brush and Micheal Lapat will […]

Kennedy Lewis adds new RE credit team

The Securities and Exchange Commission has penalized 26 broker-dealers, and investment advisers, for “widespread and longstanding failures by the firms and their personnel to maintain and preserve electronic communications.”. The 26 firms have settled the matter by acknowledging their shortcomings and have agreed to pay a combined total of...

SEC Penalizes 26 Firms for Recordkeeping Transgressions

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

Camden, NJ

Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

NewsBreak

Axtella and Sycamore redefine financial advisory payments

Axtella, a prominent network of broker-dealers and a registered investment advisor (RIA), has adopted the Sycamore Compensation Manager, a cutting-edge wealthtech solution from The Sycamore Company....

Axtella and Sycamore redefine financial advisory payments

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