BROWSE BY TOPIC
- Bad Brokers
- Compliance Concepts
- Investor Protection
- Investments - Unsuitable
- Investments - Strategies
- Investments - Private
- Features/Scandals
- Companies
- Technology/Internet
- Rules & Regulations
- Crimes
- Investments
- Bad Advisors
- Boiler Rooms
- Hirings/Transitions
- Terminations/Cost Cutting
- Regulators
- Wall Street News
- General News
- Donald Trump & Co.
- Lawsuits/Arbitrations
- Regulatory Sanctions
- Big Banks
- People
TRENDING TAGS
Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
ABOUT FINANCIALISH
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
SUBSCRIBE FOR
NEWSLETTERS & ALERTS
FOLLOW US
Anthony Scaramucci Won’t Get Announced Trump Senior Advisor Role
Anthony Scaramucci, who ran SkyBridgeCapital and was an early Wall Street devotee of Donald Trump, will not be taking a senior job at the White House as previously announced. He was to be a liaison to the business community.
Reince Priebus, Trump’s chief of staff, and Stephen Bannon, his chief strategist, plan to find another role in the administration for Mr. Scaramucci in the future.
At issue is Mr. Scaramucci’s sale of his firm, SkyBridge Capital, to a division of HNA Group, a Chinese conglomerate that would become the firm’s majority owner. Two issues: (i) HNA Group has strong ties to China’s ruling Communist Party; and (ii) it will take at least 3 months for the sale to be completed – a long time for Scaramucci to be cleared of potential ethics conflicts. China experts say leading Chinese firms like HNA are looking for avenues of influence in a White House that is already stoking tensions on trade and other issues.
[As if real or perceived Conflicts Of Interest have ever been a concern to Trump and his administration.]
The White House is operating without a functioning Office of Public Liaison and Intergovernmental Affairs, which Mr. Scaramucci would have led. Part of the job is to help coordinate matters across government agencies, a pressing need as protests over the president’s immigration order sweep the country.
