FINRA

Camelot Event-Driven Fund Wins Lipper Awards

Retrieved on: 
Friday, March 24, 2023
Risk, RISK, Liquidity risk, Capital structure, Camelot, Index, Operational risk, Credit, Prospectus, California Managed Risk Medical Insurance Board, Investment, Mutual fund, Maritime Security Risk Analysis Model, Chart, FINRA, Transport, Interest rate risk, Fund, Life insurance, Financial adviser

MAUMEE, Ohio, March 24, 2023 (GLOBE NEWSWIRE) -- Camelot Event-Driven Advisors is proud to announce that its Camelot Event-Driven Fund (ticker: EVDIX) has been awarded the prestigious Refinitiv Lipper Fund Award 2023 U.S.A. for the Best Fund Over 5 Years in the category Alternative Event Driven Funds. The Fund has also won the Refinitiv Lipper Fund Award 2023 U.S.A. for the Best Fund Over 3 Years in the category Alternative Event Driven Funds.

Key Points: 
  • Standard and Poor’s chooses member companies for the index based on market size, liquidity and industry group representation.
  • Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund.
  • This and other important information about the fund is contained in the prospectus, which can be obtained by calling 1-800-869-1679.
  • The Camelot Event Driven Fund is Distributed by Arbor Court Capital, LLC member FINRA / SIPC .

CIM Real Assets & Credit Fund Announces 16.7% Dividend Increase

Retrieved on: 
Wednesday, March 22, 2023
Commercial Building & Real Estate, Construction & Property, REIT, CIM, Class, Tax, Real assets, NAV, ALPS, Suite, Prospectus, Risk, Interval, Indian stock exchange, FINRA, CIM Group, Fund, Capital loss, Life insurance

ALPS Distributors, Inc. is the distributor of the CIM Real Assets & Credit Fund.

Key Points: 
  • ALPS Distributors, Inc. is the distributor of the CIM Real Assets & Credit Fund.
  • CIM Group, LLC and ALPS Distributors, Inc. are not affiliated.
  • The Fund will ordinarily pay distributions from its net investment income, if any, once a month; however, the amount of distributions that the Fund may pay, if any, is uncertain.
  • Investors should consider the investment objectives, risks, charges and expenses of the CIM Real Assets & Credit Fund (“Fund”) carefully before investing.

Trading Platform Moomoo Announces Grand Prize Winner of Holiday Magic Sweepstakes

Retrieved on: 
Wednesday, March 22, 2023
FINRA, Muumuu, Family, HI, Hearing, Marketing, PALO

PALO ALTO, Calif., March 22, 2023 /PRNewswire/ -- Moomoo, a tech-driven financial services platform offering professional trading tools and an engaged social community, announces the winners of its Holiday Magic Sweepstakes promotion. The holiday season promotion awarded ten (10) moomoo users cash prizes.

Key Points: 
  • PALO ALTO, Calif., March 22, 2023 /PRNewswire/ -- Moomoo , a tech-driven financial services platform offering professional trading tools and an engaged social community, announces the winners of its Holiday Magic Sweepstakes promotion.
  • FINRA member, Moomoo Financial Inc, an SEC registered broker-dealer, launched the $60,000 sweepstakes in-app and online.
  • Each qualifying transaction was an entry into the lottery for the grand prize of $50,000 or first prize of $1,000.
  • I learned about moomoo from a friend and opened a brokerage account in 2021," said Gihoon J., moomoo's grand prize winner.

Board of First Trust Dynamic Europe Equity Income Fund Approves Conversion into an ETF

Retrieved on: 
Wednesday, March 22, 2023
Professional Services, Finance, Janus, AIB (NI), External commercial borrowing, ERISA, Proxy, Trustee, Person, Sale, Judgement, Internal Revenue Code, Registration statement, FTP, Register, US, ETF, Retirement, Investment, Nature, Internal Revenue Code section 1031, NYSE Arca, Reading, FINRA, City, ARCA, NYSE, FTA, Financial adviser, Security (finance)

Upon completion of the proposed transaction, the investment objectives and strategies of FDEU will be modified to reflect the change to an ETF.

Key Points: 
  • Upon completion of the proposed transaction, the investment objectives and strategies of FDEU will be modified to reflect the change to an ETF.
  • FDEU is a diversified, closed‑end management investment company that seeks to provide a high level of current income with a secondary focus on capital appreciation.
  • FTA and its affiliate First Trust Portfolios L.P. (“FTP”), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTA, FDEU and the new ETF undertake no responsibility to update publicly or revise any forward‑looking statements.

Dominari Financial Granted Approval to Acquire Broker Dealer

Retrieved on: 
Tuesday, March 21, 2023
FINRA, Acquisition, Financial adviser

NEW YORK, March 21, 2023 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) ("Dominari" or the "Company") today reported that on March 20, 2023, pursuant to FINRA Rule 1017, FINRA has approved the proposed change in ownership whereby its subsidiary Dominari Financial Inc. will become the sole owner of Fieldpoint Private Securities LLC.

Key Points: 
  • NEW YORK, March 21, 2023 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) ("Dominari" or the "Company") today reported that on March 20, 2023, pursuant to FINRA Rule 1017, FINRA has approved the proposed change in ownership whereby its subsidiary Dominari Financial Inc. will become the sole owner of Fieldpoint Private Securities LLC.
  • This matter is the next step in the previously announced agreement to buy Fieldpoint Private Securities.
  • Final acquisition of the broker dealer is subject to a final closing, which by agreement among the parties, should occur within five (5) business days of FINRA approval.

Dividend News Update: BOTS Board Approves Dividend; BOTS’ First Publication Reaches Number One in Five Categories on Amazon’s eBook Store; BOTS Reconsiders Developing AI Assistant Based on Scott Adams

Retrieved on: 
Tuesday, March 21, 2023
Crypto, Bitcoin, Blockchain, Ebook, Black History Month, BOTS, Technology Development Board, BLM, Entrepreneurship, The Company, SAN, Economic development, OTC, FINRA, Affirmative action, News, Cryptocurrency, Kindle, Amazon

The rate of distribution which the board has approved is based on 1 $BULT for each 6.72 $BTZI held on that record date.

Key Points: 
  • The rate of distribution which the board has approved is based on 1 $BULT for each 6.72 $BTZI held on that record date.
  • A new eBook titled "The Coming Age of Equity Currencies: Crypto Shares Will Change The World Forever" has been released on Amazon.
  • The eBook, authored by BOTS, Inc, delves into the potential of equity currencies as a disruptive force in the financial industry.
  • BOTS, Inc. started its publishing venture in the financial sector on March 12, 2023 upon publication of this e-Book.

RQD Partners With Blue Ocean Technologies for Clearing Services

Retrieved on: 
Tuesday, March 21, 2023
Security, Professional Services, Technology, Fintech, Software, FINRA, OCC, DTC, Partnership, NSCC, BOT, RQD, Security (finance)

RQD* Clearing (RQD), a next-generation correspondent clearing provider, announced today that it has teamed up with Blue Ocean Technologies (BOT), a unique capital markets fintech leader specializing in global afterhours trading from 8:00 pm to 4:00 am ET.

Key Points: 
  • RQD* Clearing (RQD), a next-generation correspondent clearing provider, announced today that it has teamed up with Blue Ocean Technologies (BOT), a unique capital markets fintech leader specializing in global afterhours trading from 8:00 pm to 4:00 am ET.
  • The partnership leverages RQD’s cutting-edge back office clearing infrastructure by introducing real time overnight trade capture, and straight through processing of clearance for Blue Ocean ATS’s overnight session.
  • Brian Hyndman, President and CEO of Blue Ocean Technologies and Blue Ocean ATS, stated, “We are delighted to be partnering with RQD for our back office clearing needs.
  • RQD is one of the leading innovators in the clearing infrastructure space and shares Blue Ocean’s mission of providing efficiencies and next generation opportunities.

First Trust High Yield Opportunities 2027 Term Fund Increases its Monthly Common Share Distribution to $0.13 Per Share for April

Retrieved on: 
Monday, March 20, 2023
Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Risk, Loss, ERISA, Financial Conduct Authority, LIBOR, COVID-19, NAV, Infection, Terrorism, Judgement, Internal Revenue Code, FTP, Asset-backed security, London Interbank Bid Rate, Investment, Internal Revenue Code section 409A, Nationalization, FINRA, United Kingdom, Fund, Environment, NYSE, FTA, Debt-to-GDP ratio, Disease, Life insurance, Security (finance), Financial adviser, Bank

First Trust High Yield Opportunities 2027 Term Fund (the "Fund") (NYSE: FTHY) has increased its regularly scheduled monthly common share distribution to $0.13 per share from $0.1269 per share.

Key Points: 
  • First Trust High Yield Opportunities 2027 Term Fund (the "Fund") (NYSE: FTHY) has increased its regularly scheduled monthly common share distribution to $0.13 per share from $0.1269 per share.
  • The Fund has a practice of seeking to maintain a relatively stable, attractive monthly distribution which may be changed periodically.
  • High yield debt securities include U.S. and non-U.S. corporate debt obligations and senior, secured floating rate loans ("Senior Loans").
  • The Fund is not a "target term" Fund and its primary objective is to provide high current income.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for April

Retrieved on: 
Monday, March 20, 2023
Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Risk, Loss, ERISA, Mackay, FSD, Investment, Financial Conduct Authority, LIBOR, COVID-19, Infection, Terrorism, Movement, Judgement, Government, Internal Revenue Code, FTP, NYSE, Security (finance), Hedge fund, London Interbank Bid Rate, Internal Revenue Code section 409A, FINRA, United Kingdom, Fraud, Fund, FTA, New York Life Insurance Company, Disease, Life insurance, Cryptocurrency, Financial adviser, Financial services, Bank, Public utility

First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on April 17, 2023, to shareholders of record as of April 4, 2023.

Key Points: 
  • First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on April 17, 2023, to shareholders of record as of April 4, 2023.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust Senior Floating Rate Income Fund II Increases its Monthly Common Share Distribution to $0.092 Per Share for April

Retrieved on: 
Monday, March 20, 2023
Banking, Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Risk, Loss, ERISA, Financial Conduct Authority, LIBOR, COVID-19, NAV, Infection, Terrorism, Judgement, Internal Revenue Code, FTP, Asset-backed security, FCT, London Interbank Bid Rate, Investment, Internal Revenue Code section 1031, Debtor, FINRA, United Kingdom, Fund, NYSE, FTA, Disease, Life insurance, Security (finance), Financial adviser, Bank

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has increased its regularly scheduled monthly common share distribution to $0.092 per share from $0.0695 per share.

Key Points: 
  • First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has increased its regularly scheduled monthly common share distribution to $0.092 per share from $0.0695 per share.
  • The Fund has a practice of seeking to maintain a relatively stable, attractive monthly distribution which may be changed periodically.
  • The Fund pursues these investment objectives by investing primarily in senior secured floating-rate corporate loans.
  • Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in lower grade debt instruments.