MAUI, Hawaii -
NCUA removed all directors of the $17-million credit union and ordered new elections after it found that the chairman of the elections committee did not call for nominations from the floor, as required in the credit union's bylaws.
An official with the credit union would not comment and referred all calls to the newly elected directors. The chairman of the board did not return a phone call.
The CEO of a Michigan credit union was ousted after an AI-altered photo of her family wearing "Lake America" sweatshirts went viral, drawing criticism from Canadians.
A Senate report found that 84% of 846 sanctioned Iran-linked wallets ran on USDT.
As regulators lower regulatory hurdles, many advisors are seeking greater access to private investments, while asset managers and fintechs are trying to eliminate technical barriers keeping regular investors out.
Private-placement life insurance can offer tax-free growth and alternative investments for ultrawealthy clients, but advisors warn it isn't right for everyone who can afford it.
Betterment Advisor Solutions, formerly Betterment for Advisors and Betterment Institutional, is changing its platform fees into a tiered rate that begins at 0.20% for advisory practices with less than $10 million in the business, Betterment CEO Sarah Levy says.
The guidance reflects a mortgage servicing rights market that has broadly included the customer value in refinancing for over a decade, experts say.
