Ken Leech Sued by SEC Over Alleged ‘Cherry-Picking’ Scheme

Published on November 25, 2024

The SEC sued Leech, alleging he allocated trades hours after executing them, often waiting until the end of the trading day or afterward.

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Bain Capital Closes Envestnet Acquisition for $4.5B

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The deal brings the wealthtech firm new sources of capital and flexibility, but challenges remain.

RecessionAlert Weekly Leading Economic Index

November 25, 2024
The weekly leading economic index (WLEI) is a composite for the U.S economy that draws from over 20 time-series and groups them into the following six broad categories which are then used to construct an equally weighted average. As of November 15, the index was at 32.153, down 1.455 from the previous week, with 5 of the 6 components in expansion territory.