Federal Deposit Insurance Corporation

First Trust Advisors L.P. Announces Distribution for Exchange-Traded Funds

Retrieved on: 
Thursday, February 29, 2024
Banking, Professional Services, Finance, Standard, Prospectus, Internal Revenue Code, Hamas, Investment, Marketing, OTC, AIB (NI), Terrorism, Index, FTP, Federal Reserve, ERISA, WGTS, Commodity, ETF, Risk, Federal, S&P, COVID-19, Judgement, Fund, FINRA, Trust, Reputational damage, Uncertainty, FTA, Corporation, Failure, FLEX, PDR, Face, Federal Deposit Insurance Corporation, Infection, Security (finance)

First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

Key Points: 
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA has collective assets under management or supervision of approximately $211 billion as of January 31, 2024 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • Please refer to each fund's prospectus and Statement of Additional Information for additional details on a fund's risks.
  • First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s).

First Trust Advisors L.P. Announces Distribution for First Trust Enhanced Short Maturity ETF

Retrieved on: 
Wednesday, February 28, 2024
Consulting, Professional Services, Finance, Prospectus, Internal Revenue Code, Hamas, Investment, AIB (NI), Terrorism, FTP, Federal Reserve, ERISA, ETF, Risk, Federal, COVID-19, Judgement, Fund, FINRA, Reputational damage, Uncertainty, FTA, Face, Federal Deposit Insurance Corporation, Infection, Security (finance)

First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

Key Points: 
  • 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.
  • FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor.
  • First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s).

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Tuesday, February 20, 2024
Banking, Professional Services, Finance, MAKE, Hamas, Zorg, Investment, FCAL, Internal Revenue Service, Fraud, S&P Dow Jones Indices, ETF, Federal, MLP, FINRA, Tax, ETN, Internal Revenue Code, FTP, ERISA, Judgement, Average revenue per user, Uncertainty, FTA, Corporation, Dow Jones, Book, Standard, Loss, Risk, S&P, Indian Sugar Mills Association, S&P Global, Recession, FMB, Face, Prospectus, Financial services, AIB (NI), Terrorism, Government, Federal Reserve, COVID-19, FSMB, Real estate investment trust, DJIA, Adviser, Credit, Federal Deposit Insurance Corporation, Infection, Security (finance)

FTA has collective assets under management or supervision of approximately $211 billion as of January 31, 2024 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $211 billion as of January 31, 2024 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • A Fund's shares will change in value, and you could lose money by investing in a Fund.
  • However, unlike mutual funds, shares may only be redeemed directly from the Fund by authorized participants, in very large creation/redemption units.
  • In addition, a Fund's investment performance and risks may be related to the investment and performance of the underlying funds.

CFGI Announces Appointment of Jay Clayton to Board of Directors

Retrieved on: 
Tuesday, March 5, 2024
American Express, Sullivan & Cromwell, Federal Deposit Insurance Corporation, University, Carey Law School, CVC Capital Partners, Market, History, Finance, Working Group, Oliver Cromwell, Economics, Management

Co-CEOs Shane Caiazzo and Nicholas Nardone express their enthusiasm, stating, "We are thrilled and honored to welcome Jay to our Board.

Key Points: 
  • Co-CEOs Shane Caiazzo and Nicholas Nardone express their enthusiasm, stating, "We are thrilled and honored to welcome Jay to our Board.
  • Mr. Clayton commented, "I have been following the work of CFGI and am impressed with what they offer the business community.
  • I look forward to working with Nick, Shane, and the CFGI Board of Directors."
  • His extensive background, diverse roles, and wealth of experience make him a valuable addition to CFGI's dynamic and forward-thinking Board of Directors.

CFGI Announces Appointment of Jay Clayton to Board of Directors

Retrieved on: 
Tuesday, March 5, 2024
American Express, Sullivan & Cromwell, Federal Deposit Insurance Corporation, University, Carey Law School, CVC Capital Partners, Market, History, Finance, Working Group, Oliver Cromwell, Economics, Management

Co-CEOs Shane Caiazzo and Nicholas Nardone express their enthusiasm, stating, "We are thrilled and honored to welcome Jay to our Board.

Key Points: 
  • Co-CEOs Shane Caiazzo and Nicholas Nardone express their enthusiasm, stating, "We are thrilled and honored to welcome Jay to our Board.
  • Mr. Clayton commented, "I have been following the work of CFGI and am impressed with what they offer the business community.
  • I look forward to working with Nick, Shane, and the CFGI Board of Directors."
  • His extensive background, diverse roles, and wealth of experience make him a valuable addition to CFGI's dynamic and forward-thinking Board of Directors.

Newmark Hires Matthew Featherstone as Head of Debt & Structured Finance for the UK and Europe

Retrieved on: 
Thursday, February 15, 2024
Newmark Group, Real estate, Foster, Corporate finance, RBC Capital Markets, Risk management, ECM, CBRE, Sale, Lehrman, FDIC, CFA, Quantity surveyor, Debt, DCM, University, History, Grosvenor Street, Sydney, Real estate investing, Knowledge, Royal Institution, Head, HSBC, Federal Deposit Insurance Corporation, Financial services

NEW YORK and LONDON, Feb. 15, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, has hired Matthew Featherstone as Head of Debt & Structured Finance for Newmark in the United Kingdom (UK) and Europe. Featherstone will work collaboratively with Newmark's UK & EMEA Capital Markets teams, including Newmark's Head of London Office Markets Tony Gibbon, Newmark's President for the UK Michael Lehrman, and John Rodgers, Head of the UK Capital Markets and Corporate Finance teams for Gerald Eve, a Newmark company. In addition, Featherstone will work closely with Charlie Foster who was recently hired by Newmark affiliate Cantor Fitzgerald Europe to head up the Real Estate Investment Banking group, bolstering Newmark's debt and equity capital markets services in the UK and Europe.

Key Points: 
  • Featherstone will work collaboratively with Newmark's UK & EMEA Capital Markets teams, including Newmark's Head of London Office Markets Tony Gibbon , Newmark's President for the UK Michael Lehrman , and John Rodgers , Head of the UK Capital Markets and Corporate Finance teams for Gerald Eve, a Newmark company.
  • In addition, Featherstone will work closely with Charlie Foster who was recently hired by Newmark affiliate Cantor Fitzgerald Europe to head up the Real Estate Investment Banking group, bolstering Newmark's debt and equity capital markets services in the UK and Europe.
  • Based in London at Newmark's 84 Grosvenor Street office, Featherstone joins Newmark from CBRE, where he served as Executive Director, Debt & Structured Finance, Capital Advisors.
  • As loan advisory and other real estate investment banking services gain importance, Newmark is well-positioned to serve clients at the highest caliber.

Newmark Hires Matthew Featherstone as Head of Debt & Structured Finance for the UK and Europe

Retrieved on: 
Thursday, February 15, 2024
Newmark Group, Real estate, Foster, Corporate finance, RBC Capital Markets, Risk management, ECM, CBRE, Sale, Lehrman, FDIC, CFA, Quantity surveyor, Debt, DCM, University, History, Grosvenor Street, Sydney, Real estate investing, Knowledge, Royal Institution, Head, HSBC, Federal Deposit Insurance Corporation, Financial services

NEW YORK and LONDON, Feb. 15, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, has hired Matthew Featherstone as Head of Debt & Structured Finance for Newmark in the United Kingdom (UK) and Europe. Featherstone will work collaboratively with Newmark's UK & EMEA Capital Markets teams, including Newmark's Head of London Office Markets Tony Gibbon, Newmark's President for the UK Michael Lehrman, and John Rodgers, Head of the UK Capital Markets and Corporate Finance teams for Gerald Eve, a Newmark company. In addition, Featherstone will work closely with Charlie Foster who was recently hired by Newmark affiliate Cantor Fitzgerald Europe to head up the Real Estate Investment Banking group, bolstering Newmark's debt and equity capital markets services in the UK and Europe.

Key Points: 
  • Featherstone will work collaboratively with Newmark's UK & EMEA Capital Markets teams, including Newmark's Head of London Office Markets Tony Gibbon , Newmark's President for the UK Michael Lehrman , and John Rodgers , Head of the UK Capital Markets and Corporate Finance teams for Gerald Eve, a Newmark company.
  • In addition, Featherstone will work closely with Charlie Foster who was recently hired by Newmark affiliate Cantor Fitzgerald Europe to head up the Real Estate Investment Banking group, bolstering Newmark's debt and equity capital markets services in the UK and Europe.
  • Based in London at Newmark's 84 Grosvenor Street office, Featherstone joins Newmark from CBRE, where he served as Executive Director, Debt & Structured Finance, Capital Advisors.
  • As loan advisory and other real estate investment banking services gain importance, Newmark is well-positioned to serve clients at the highest caliber.

ICBA Opens Center for Innovation in Atlanta

Retrieved on: 
Thursday, February 15, 2024
Finance, Banking, Professional Services, Technology, Software, Innovation, Economic development, Consumer Financial Protection Bureau, Currency, Federal Deposit Insurance Corporation, Federal Reserve, Health, Fintech, Fiserv, Peachtree Street, Ecosystem, Accelerator, Cognitive computer, Independent, Consumer, Invest Atlanta, Comptroller, Environment, ICBA

The Independent Community Bankers of America® ( ICBA ) announced the opening of the new ICBA Center for Innovation in Atlanta, establishing a permanent home for its world-class community bank innovation initiatives.

Key Points: 
  • The Independent Community Bankers of America® ( ICBA ) announced the opening of the new ICBA Center for Innovation in Atlanta, establishing a permanent home for its world-class community bank innovation initiatives.
  • “The ICBA Center for Innovation embodies our commitment to upholding our mission of creating and promoting an environment where community banks flourish,” ICBA President and CEO Rebeca Romero Rainey said.
  • “This space puts ICBA in the center of Atlanta’s financial services community, with our local partners within walking distance of our office.
  • For more information about ICBA ThinkTECH Innovation programming and upcoming opportunities at the ICBA Center for Innovation, visit icba.org/accelerator.

McCune Law Group Files Class Action Lawsuit Challenging AAA Mass Arbitration Rules

Retrieved on: 
Thursday, February 15, 2024
Regulation, Financial services, ATM, Electronic Fund Transfer Act, FDIC, CFPB, MLG, Wells Fargo, AAA, Consumer, American Arbitration Association, Federal Deposit Insurance Corporation

ONTARIO, Calif., Feb. 15, 2024 /PRNewswire/ -- On February 8, 2024, McCune Law Group (MLG), a national consumer firm dedicated to upholding consumer rights, filed a class action lawsuit alleging that consumers were misled by Wells Fargo's overdraft fee policies and that the American Arbitration Association (AAA) has allowed Wells Fargo to evade accountability.

Key Points: 
  • The lawsuit alleges Wells Fargo violated Regulation E by charging consumers overdraft fees on one-time debit card and ATM transactions without proper disclosures and procedures.
  • MLG's class action lawsuit against Wells Fargo highlights an apparent unfair advantage for Wells Fargo, which has faced many lawsuits in previous years for allegedly unreasonable or unlawful practices.
  • "This class action lawsuit against Wells Fargo highlights the importance of financial institutions adhering to regulations designed to protect consumers," states Emily J. Kirk , the MLG's Financial Services Practice Group Leader.
  • To obtain comments from Richard McCune or Emily Kirk regarding this case matter, contact McCune Law Group's Public Relations department at [email protected] .

First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF

Retrieved on: 
Monday, February 12, 2024
Banking, Professional Services, Finance, Hamas, Investment, Internal Revenue Service, Federal, MLP, FINRA, Tax, Internal Revenue Code, FTP, Rule, ERISA, Bankruptcy, Judgement, Fund, Average revenue per user, Uncertainty, Security (finance), FTA, Environment, Inventory, ETF, Index, Loss, Risk, Indian Sugar Mills Association, Recession, Face, Prospectus, AIB (NI), NAV, Terrorism, Government, Federal Reserve, COVID-19, Reputational damage, Failure, Federal Deposit Insurance Corporation, Infection

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.

Key Points: 
  • 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.
  • An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges.
  • The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings.
  • However, unlike mutual funds, shares may only be redeemed directly from a fund by authorized participants in very large creation/redemption units.