How Corporate Whistleblowers Make Millions

Date: 2019-11-11 17:00:28 In 2010, the SEC launched a whistleblower program complete with a bounty for exposing fraud. Since the inception of the program, 66 whistleblowers have been paid $387 million for their contributions. Ted Siedle is one of them. He blew the whistle on JP Morgan Chase and in June 2019 he got the last part of $68M. » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and…

Dave Nadig Joins ETF Database, ETF Trends

ETF industry pioneer Dave Nadig will join ETF Database (ETFdb.com) and ETF Trends (ETFTrends.com) as its Chief Investment Officer and Director of Research on Jan. 21, 2020. Within these roles, Nadig will oversee the research, content and survey work of both brands, with the goal of continuing to build the world’s preeminent ETF research platform for financial advisors, institutions and self-directed investors to research ETFs. ETF Flows Co-Founder Tom Lydon said Nadig’s addition to the team would strike the ETF and advisor communities as a “big deal”. “Dave and I…

China – Supporting Green Shoots

By Natalia Gurushina, Economist, Emerging Markets Fixed Income for VanEck Global China’s activity gauges stayed in expansion zone, but authorities offered more policy support in the form of the reserve ratio cut to improve the growth momentum. Argentina issued a government bond to tap the central bank reserves for foreign debt payments. China’s latest activity gauges remained in expansion zone in December—benefitting from the past stimulus and Phase One deal’s boost to sentiment. However, policy support is still needed—especially for smaller privately-owned firms. The Caixin manufacturing PMI (Purchasing Managers Index)—which has a…

ETF Launches Strong Through Year End

The last few weeks of 2019 were anything but quiet in the ETF space when it came to launches, with products from existing firms as well as newcomers cropping up. There were roughly 250 launches in all of 2019—hardly a record. And closures topped 125—again, not a record, but certainly nothing to sneeze at. There were more than 20 launches during the month of December alone, many of them occurring when you were probably on your holiday vacation. A new issuer called SP Funds rolled out two ETFs, via Tidal…

Infusive Releases New Global Equities ETF ‘JOYY’

Infusive US Trust launched the Infusive Compounding Global Equities ETF (JOYY) on Monday that seeks to track the investment results of the Infusive Global Consumer Champions Index. Under normal circumstances, JOYY seeks to achieve its investment objective by investing at least 80% of its net assets in securities included in the Infusive Global Consumer Champions Index (the “underlying index”). The underlying index seeks long-term capital appreciation by investing in a portfolio of global, publicly-listed companies that are determined by MSCI, Inc. to meet the definition of a Consumer Alpha company.…