Reuters Money: Alibaba and the battle for financial supremacy: James Saft

	Click to View in Browser 03/18/2014 Alibaba and the battle for financial supremacy: James Saft (Reuters) - To understand why New York capturing the title of world's greatest financial center is no cause for celebration, look no further than the Alibaba IPO. New York to probe high-frequency trading: Bloomberg (Reuters) - New York Attorney General Eric Schneiderman is investigating whether U.S. stock exchanges and alternative trading venues provide improper advantages to high-frequency traders, Bloomberg reported, citing a person with direct knowledge of the matter. U.S. tax preparer rules land in Congress, tough road ahead WASHINGTON (Reuters) - An Obama administration push to clean up the tax preparation industry has landed in Congress where it is expected to stall, meaning further delays to rules to stamp out shoddy and deceptive tax preparers who are a drain on the U.S. Treasury and taxpayers. El-Erian starts tweeting, but won't talk about Gross NEW YORK (Reuters) - Mohamed El-Erian, the former chief executive of Pimco, has taken to Twitter to express his views to the world, but he said on Monday he wants to steer clear of the drama surrounding his falling out with co-founder Bill Gross for now. Fortress-linked Pantera invested $10 million in Bitstamp: Bloomberg (Reuters) - Pantera Capital Management LP, a hedge fund that manages money for Fortress Investment Group LLC executives, invested about $10 million in Bitstamp Ltd months before it emerged as the world's dominant dollar-bitcoin exchange, Bloomberg reported, citing three people briefed on the deal. As email threats multiply, funds pick up Proofpoint NEW YORK (Reuters) - The last time email could be called a sexy business, Facebook founder Mark Zuckerberg was celebrating his tenth birthday. Yet Proofpoint Inc, a $1.6 billion market cap email security company, is catching the eye of fund managers by gaining share in a market that many investors have left for dead. Five months later, jurors face tough task in Madoff aides' trial NEW YORK (Reuters) - Like Bernard Madoff's Ponzi scheme itself, the trial of five of his former aides has been virtually unprecedented in its scope. Raymond James hires two advisers from Morgan Stanley (Reuters) - Raymond James Financial Inc's brokerage unit said on Monday that it hired two advisers from Morgan Stanley for its Ponte Vedra Beach, Florida office. Drop the S&P index fund for asset-class investing (The opinions expressed here are those of the author, a columnist for Reuters.) U.S. regulator warns on auditors' marketing practices WASHINGTON (Reuters) - A top U.S. audit regulator is sounding the alarm over what she fears may be a false stamp of approval that some accounting firms are using as they market themselves to potential clients. Related Video Stocks soar but skeptics abound Crying over Crimea Business News Wall Street edges higher after Putin comments U.S. inflation muted despite food price increases; housing starts slip The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend