The settlement is for $5 billion but they received a $10 billion bailout during the crisis. Coming out on top despite blatant misleading and fraud only serves as incentive for other financial firms to do the same.
Screening ETFs is more important and helps me better serve my clients. Mutual funds are in many of the portfolios I work with, especially the more conservative ones, and are only slightly shadowed in importance vs ETFs.
Not yet — perhaps we should have a conversation of now this support would look/work? There are more than 100,000 options trading at any one time, so it would be easy to overwhelm users if we did it wrong.
We don’t as a general rule ask after customer returns, since that would be a privacy violation, but in one case, a buy and hold investor said that 15 of the 16 positions he’d bought with Equities Lab were profitable. Others have been having good results, though our best screens to date have been value screens, and these have not performed as well…[Read more]