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Executives should mind their tone when voluntarily talking about the company they lead—it might result in abnormal returns, according to a number of reports cited in the CFA Institute's "The Current State of Quantitative Equity Investing." ... Hedgeable Co-founders Launch "Decentralization Initiative" The co-founders behind robo advisor Hedgeable, Michael and Matthew Kane, have put out a call to build a financial services industry working group advocating for adaptation of blockchain technology. The consortium, Financial Industry Decentralization Initiative, or FINDI, is accepting founding members through August 1 and will include the brothers' blockchain-based fintech platform, Hydrogen Technology Corporation. ... South Florida Trio Arrested in Fish Farm Fraud Two men and one woman in South Florida have been arrested and charged with swindling elderly investors out of nearly $500,000 they thought was going to a cutting-edge fish farm. Rebecca Gonzalez, Matthew Graun and Michael Creamer face several securities fraud charges, according to The South Florida Sun-Sentinel. They allegedly promised their seven victims returns of up to 6 percent on their investments in the non-existent fish farm. ... |