Corporate Finance

Accounting and Finance Roundup for Executives

Trust the perspective of a chief executive. The best news in finance on the web can be found at CFO, here's today's roundup.
Kerry MarunaOctober 16, 2015

What’s Going on in Finance Today

 

Fan of fantasy sports? Two major fantasy sports services (FanDuel & DraftKings) are under investigation to determine if online-games are being manipulated by their employees. Are fantasy sports sites’ employees taking advantage of insider information for profit? Find out more in the link below or click here.

UBS may have misled investors and is being fined $19M by the SEC. This marks the first U.S. regulatory action alleging misleading statements and omissions in offering materials for structured notes. To get the whole story, click here.

A Better Way to Do Ecommerce

A Better Way to Do Ecommerce

Learn how Precision Medical leveraged OneWorld to cut the cost of billing in half and added $2.5M in annual revenue.

Liquidity, or lack there of, was the major problem during the economic collapse of 2008, but is the issue still lingering? Central banks may not be the primary source of liquidity, says Michael Howell of Crossborder Capital, as more bank financing is done through the “repo” market. Get all the facts in the article below, or click here.

The best news in finance can be found at CFO, here’s today’s roundup…

 

Collateral Damage

How bank funding may be squeezed in the next crisis.

>> Economist Staff

 

Square Files for IPO

CEO’s ability to devote time to the company cited as risk factor in S-1 filing.

>> Katie Kuehner-Hebert

 

More Companies Opting for Private Health Exchanges

Mercer, perhaps a bellwether for growth in the private exchange space, will have 31% more active-employee exchange clients in 2016.

>> David McCann

 

Six Firms Fined $2.5M for Illicit Short Sales

The firms participated in secondary stock offerings within days of selling those same stocks short.

>> Matthew Heller

Capital Still Flowing Into Venture-Backed Firms

The five largest third-quarter deals involved Social Finance, Uber Technologies, Fanatics, DraftKings, and GitHub.

>> Katie Kuehner-Hebert

 

Fantasy Sports Services Under Investigation

The N.Y. Attorney General and the U.S. Attorney’s Office in Boston are both reportedly investigating DraftKings and FanDuel.

>> Katie Kuehner-Hebert

 

UBS Fined $19M in First Structured Note Case

The SEC said the bank misled investors in offering materials for structured notes tied to a proprietary currency index.

>> Matthew Heller

 

For insights from top financial companies be sure to check out the CFO Whitepaper Library, click here.


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