James Lee News

05.06 / 04:43

markets SEC security BlackRock CBOE Trade Courts New Texas stock exchange takes aim at New York’s dominance

A group backed by Wall Street heavyweights BlackRock and Citadel Securities is planning to start a new national stock exchange in Texas, aiming to take on what they see as onerous regulation at the New York Stock Exchange and Nasdaq. The Texas Stock Exchange, which has raised approximately $120 million from individuals and large investment firms, plans to file registration documents with the Securities and Exchange Commission later this year, CEO James Lee told The Wall Street Journal. The goal is to begin facilitating trades in 2025 and host its first listing in 2026.

07.06 / 14:39

markets COST Target SEC security BlackRock Courts A Texas stock exchange wants to take on New York. The odds aren’t good.

The Texas Stock Exchange is looking to steal New York’s crown as the center of U.S. capital markets. It has a powerful force behind it: red-state frustration with the perceived liberal agenda of Wall Street.

06.06 / 00:35

markets COST security BlackRock Trade reports BlackRock throws support behind Texas-based NYSE challenger exchange

BlackRock Inc., Citadel Securities and other investors are backing an upstart Texas stock market, laying down a challenge to the New York Stock Exchange and Nasdaq Inc. and signaling a potential boost for a state trying to grab more of the financial services industry.

09.11 / 01:23

Provident travelers gatherings US says prostitution ring counted politicians, tech execs, lawyers as clients

By Nate Raymond

02.10 / 11:33

Provident President reports Portals are good for clients and for you, FPA study reveals

Technology is playing an increasingly important role in wealth management and financial planning, and combined with a great human advisor it is a potent mix.

27.09 / 16:39

President love volunteers FPA taps Wealth Enhancement Group’s Brahim as president-elect

The principal membership organization and trade association for certified financial planners has a new president-elect and treasurer for the coming year. The Financial Planning Association announced Wednesday that its board elected Paul Brahim as 2024 president-elect. Brahim’s one-year term is slated to start Jan. 1.

23.03 / 08:09

Facebook Target Platform Strategy Tesla Tencent Time ad Tencent's online ad revenue grows for the first time in more than a year

BEIJING — Chinese tech giant Tencent reported better-than-expected quarterly revenue on Wednesday, helped by growth in ads within its growing «video accounts» business.

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