"Solicitations from traders looking to pick up business from the buy side will drop significantly as the regulations stipulate that all research must be paid for. Money managers are even taking steps to block emails from those firms that have been dropped from their broker lists."
They've lost in court. They've been rebuffed by government agencies. Now, the fates of hedge funds and other investors in mortgage-finance giants Fannie Mae and Freddie Mac could lie with an old adversary: the U.S. Congress (Jan 4)
As consumers and some firms embrace conflict-free advice, state and federal regulators review best-interest rules (Jan 29)
The Cyber Cafe
Cybersecurity news every Friday
Wall Street aims to thwart a hacking nightmare
U.S. financial firms plan to expand a secretive project protecting bank accounts against crippling cyber attacks so that it will also guard trillions of dollars in investment funds.
Attacks targeting the fundamental infrastructure of the internet have risen at an alarming rate and now every business needs to take protective measures.
When you have tons of leftovers you put them in Tupperware. When you have an excess of phone calls, you send them to voicemail. And when you have a deluge of junk from a botnet attacking your network, you put all that malicious traffic into a sinkhole.
The most important skill in the age of artificial intelligence (AI)
As Walt Disney said, "if you can dream it, you can do it." AI cannot do that, rather what it can do is repetitive tasks at an extremely efficient rate. So in the age of AI human creativity will have more premium than ever before.
