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The United States is ranked No. 2 in the world in financial secrecy, according to the Tax Justice Network. The Financial Secrecy Index, which has been tracking data on tax havens since 2009, ranks jurisdictions based on their secrecy and scale of their offshore activities. The U.S. trailed Switzerland in the ranking, and was followed by the The Cayman Islands, Hong Kong and Singapore in the top five. ...
TD Adds to Commission-Free ETF Platform
TD Ameritrade announced at its National LINC conference that it has added 24 ETFs to its commission-free trading platform, ETF Market Center, bringing the total to 320 funds. The platform now includes USAA funds for the first time, as well several iShares country-specific funds. ...
Charities in Trouble
About half of U.S. nonprofits are in financial trouble, a new report by Oliver Wyman, SeaChange Capital Partners and GuideStar reveals. The study, which examined the finances of about 220,000 nonprofits from 2010-2014, found that 50 percent have less than one month of cash reserves, 30 percent have lost money over three years and about 1 in 12 are technically insolvent. ... |
