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SEC Charges Morgan Stanley Smith Barney for Policy Deficiencies that Resulted in Failure to Prevent and Detect its Financial Advisors’ Theft of Investor Funds

December 9, 2024/US SEC The Securities and Exchange Commission today charged Morgan Stanley Smith Barney LLC (MSSB) with failing to reasonably supervise four investment adviser and registered representatives (hereafter, financial advisors) who stole millions of dollars of advisory clients’ and brokerage customers’ funds and for failing to adopt policies and […]

Deploying Balancing Power Generation Technologies Could Save €65 Trillion by 2050

——Shows Wärtsilä’s Global Power System Modelling Wärtsilä report shows an area the size of Europe will need to be covered with renewable power to reach a clean energy future, without the integration of balancing power technologies. December 10, 2024/Alesia Communications Wärtsilä’s global power system modelling, published in the Crossroads to […]

Capital Imported to Nigeria Down Q/Q

December 10, 2024/CSL Research In Q3 2024, Nigeria recorded total capital importation of US$1.25 billion, a significant 91.35% increase compared to the US$654.65 million reported in Q3 2023. However, this figure represents a significant 51.90% from the US$2.60 billion recorded in Q2 2024. Portfolio Investment—comprising stocks, bonds, and other financial […]