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  • Statement On Jury’s Verdict In Trial Of Cutter Financial Group LLC And Jeffrey Cutter - Samuel Waldon, Acting Director, SEC Division Of Enforcement

    Date 24/04/2025

    Yesterday, after a seven day trial and just over 5 hours of deliberation, a jury in the U.S. District Court for the District of Massachusetts found investment adviser Jeffrey Cutter and his advisory firm, Cutter Financial Group, LLC, liable for violating Section 206(2) of the Investment Advisers Act of 1940, which prohibits “engag[ing] in any transaction, practice, or course of business which operates as a fraud or deceit upon any client or prospective client.” The jury found for the defendants on claims the SEC alleged under Sections 206(1) and (4) of the Act. The jury found that Cutter and his firm, who marketed his services to current and future retirees, failed to disclose to their clients significant upfront commissions, among other conflicts of interest.

  • Nasdaq Announces 13% Increase In Quarterly Dividend To $0.27 Per Share

    Date 24/04/2025

    The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.27 per share on the company's outstanding common stock, a 13% increase from the previous quarter. The dividend is payable on June 27, 2025 to shareholders of record at the close of business on June 13, 2025. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

  • Nasdaq And AWS Unlock New Era Of Growth For Global Capital Markets With Next Generation Infrastructure Solutions

    Date 24/04/2025

    • Nasdaq and AWS announce modernization blueprint to drive the benefits of cloud into local market infrastructures through flexible deployment while maintaining data sovereignty and resilience
    • As part of the modernization blueprint, Nasdaq is introducing a new brand for its complete suite of next generation marketplace technology solutions, Nasdaq Eqlipse, delivering cloud-ready capabilities and data intelligence across the full trade lifecycle
    • Nasdaq’s Nordic markets first to adopt the blueprint alongside expanded modernization partnerships with Johannesburg Stock Exchange and Mexico’s Grupo BMV

  • Fiserv Reports First Quarter 2025 Results

    Date 24/04/2025

    • GAAP revenue growth of 5% and organic revenue growth of 7%;
    • GAAP EPS increased 22% and adjusted EPS increased 14%;
    • Company affirms 2025 organic revenue growth outlook of 10% to 12% and adjusted EPS outlook of $10.10 to $10.30, or growth of 15% to 17%

  • Nasdaq Reports First Quarter 2025 Results - Diversified Business Model Driving Broad-Based Revenue Growth

    Date 24/04/2025

    Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the first quarter of 2025.