The culprit would be the largest-ever shakeup of the stock market's broad business sectors, which will mean some of the hottest stocks, like Facebook and Google parent Alphabet, will shift from their traditional homes in the top-performing technology sector and into a deepened pool of telecommunications and media stocks. (Reuters | Jun 6)
The head of the Securities and Exchange Commission made it clear that the agency won't be bending the rules for cryptocurrency when it comes to defining what is or what isn't a security. The agency is also not adjusting rules for initial coin offerings, and Clayton underlined that tokens or digital assets used in that fundraising process are securities. (CNBC | Jun 6)
The growth of exchange-traded funds has helped transform equity markets over the past decade. Now they're eyeing mortgages. (Bloomberg Markets | Jun 5)
The volatility complex - the selling or shorting of options tied to U.S. stocks - is back with a vengeance, shrugging off February's vol-mageddon in its wake. (Bloomberg Markets | Jun 5)
Volatility increases risk, harms the real economy and distorts the financial system. Like postmodern literature that eschews conventional plot, narrative, and characters, financial markets have become increasingly abstract and remote. Volatility trading offers a good example of why this is so dangerous. (Bloomberg Opinion | Jun 4)
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Are you ready for a security breach?
Network forensics can help your business correctly identify the source of a security breach.
Why the FBI wants you to reboot your router - and why that won't be enough next time
On May 25, the FBI asked us all to reboot our routers. The story behind this request is one of sophisticated malware and unsophisticated home-network security, and it's a harbinger of the sorts of pervasive threats - from nation-states, criminals and hackers - that we should expect in the coming years.
(Jun 4) -- The Securities and Exchange Commission voted on a rule they said will "improve the experience of investors who invest in mutual funds, ETFs and other investment funds." The rule "significantly modernizes delivery options" while preserving the right to receive paper reports, SEC Chair Jay Clayton said in a statement. Under the rule, a fund can post reports on website and notify investors by mail of report's availability. Investors who prefer to receive the full reports in paper may choose that option. Funds must continue with paper reports until Jan. 1, 2021, and give investors two years notice of change.
Your next glass of wine might be a fake - and you'll love it
Replica Wine makes cheaper copies of your favorite wine at a discount by analyzing its chemistry. Often, even professional critics can't tell the difference. Is this heresy or just good business?
The search for a Trump-Kim venue leads to an old Singapore pirate hangout.
The booking crunch at the Capella, which sits in the middle of 30 acres of lawns and rainforest on the resort island of Sentosa, just south of the city, is among a handful of overt signs that Singapore is preparing for one of the most controversial summits since the end of the Cold War.
