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Apex To Offer Simulated Instant Settlement For Certain Trades

Apex Fintech Solutions plans to offer a feature that will eliminate the two-day settlement period. ....

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Advisers express skepticism about Warren's wealth tax

Advisers express skepticism about Warren’s wealth tax
The measure faces a difficult legislative journey in a narrowly divided Congress, even if it becomes part of a reconciliation bill that can be approved by a simple majority in the Senate.
March 1, 2021
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Investment advisers are wary of wealth tax legislation introduced Monday by Sen. Elizabeth Warren, D-Mass., and other bicameral Democratic lawmakers, expressing skepticism that it would make the economy fairer and warning that it could be difficult to implement.
The Ultra-Millionaire Tax would impose a 2% annual tax on the net worth of households and trusts worth between $50 million and $1 billion, and a 3% tax on those of more than $1 billion. ....

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