Is a bitcoin allocation a diversification ‘cheat code’?
A 1% allocation to bitcoin in a 60/40 portfolio could have added an annualised 0.67% to returns over the last 11 years
A 1% allocation to bitcoin in a 60/40 portfolio could have added an annualised 0.67% to returns over the last 11 years
To ensure they ‘don’t inappropriately use, lose, or abuse investors’ assets’
While US regulator raked in record $6.4bn in penalties
Randy Robertson has been handed a $250,000 penalty for failing to disclose ties to a film distribution company
‘Defendants enriched themselves while defrauding tens of thousands of retail investors’
High-risk customer transactions generated up to 99% of the branch’s profits
Investors were told they would receive minimum returns of 0.35% daily
Regulator places due diligence and monitoring in the spotlight
She tried to sell digital assets on social media without disclosing she was being paid by the provider
Personal information of 15 million wealth customers was allegedly not disposed of properly
They have all agreed to pay combined penalties of over $1m
The company and one of the executives were also named in the Paradise Papers leak