1. Articles from Bradley Saacks

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    1. An SEC Official is Siding with Big Asset Managers That Say Hedge Funds Like Saba Capital Should Be Banned from Taking Activist Stakes in Closed-End Funds

      An SEC Official is Siding with Big Asset Managers That Say Hedge Funds Like Saba Capital Should Be Banned from Taking Activist Stakes in Closed-End Funds
      • The US Securities and Exchange Commission's Robert Jackson hopes to prevent the kind of closed-end fund activism that funds like Boaz Weinstein's Saba Capital have engaged in.
      • Jackson, in an interview with Business Insider, said the SEC needs to protect the retail investors who choose closed-end funds for the fixed payouts the structure offers, and hopes to get the issue in front of the full commission before the end of the year.
      • "I'm not interested in protecting funds...
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    2. Top Wall Street Firms Have Started Disclosing a New Risk to Their Own Businesses: Sexual Harassment

      Top Wall Street Firms Have Started Disclosing a New Risk to Their Own Businesses: Sexual Harassment
      • Financial firms like JPMorgan Chase, Aflac, KKR, Blackstone, and Och-Ziff Capital all added #MeToo language to their most recent annual reports, warning investors about potential company harm from harassment.
      • Before 2018, the word "sexual" had only been mentioned once in the risk section a publicly traded financial company's annual report. So far in 2019, it has been in nine different financial companies' public filings...
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    Top Wall Street Firms Have Started Disclosing a New Risk to Their Own Businesses: Sexual Harassment An SEC Official is Siding with Big Asset Managers That Say Hedge Funds Like Saba Capital Should Be Banned from Taking Activist Stakes in Closed-End Funds Former U.S. Air Force Secretary Heather Wilson Joins Maxar’s Board of Directors SwanBio Therapeutics Appoints Alison Lawton to Board of Directors Marathon Patent Group Appoints Kevin A. DeNuccio to Board of Directors Terminix Adds David J. Frear to Its Board of Directors LendingClub Announces Transformation of its Board of Directors Office Depot Has Reportedly Rejected Staples' Offer to Buy it for $2.1 Billion Ken Denman, Technology Executive, Joins VMware Board of Directors JetBlue Appoints Monte Ford to Board of Directors Clarivate Announces Change to Board of Directors Activist Fund Bluebell Capital Takes Aim at Danone