DOJ Charges Former Linqto Head For Alleged Pre-IPO Fraud

Published on September 3, 2026

William Sarris allegedly charged customers markups exceeding 200% on pre-IPO investments while misrepresenting prices and inventory to boost company revenue.

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State Street’s New ETF Launch Sets $2.5B Record

September 3, 2026
On Wednesday, September 2, State Street Investment Management announced the debut of the State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF (UCBG). Notably, this fund was created through a collaboration between State Street and UC Investments, the investment arm of the University of California.

Can the ‘Vanguard Effect’ Extend to Wealth Management?

September 3, 2026
CEO Salim Ramji is pushing Vanguard further into financial advice with the deal to acquire Altruist, but the hill may be steep to win over RIAs.