Barred Broker Pleads Guilty to SEC Obstruction, May Avoid Jail
The former advisor will also pay more than $580,000 in penalties for hiding referral fees from an elderly widow.
Bill Gross: Forget Dow 20K, Here’s the Number to Watch
In his January outlook, Gross discusses "the key to interest rate levels and perhaps stock price levels in 2017."
College Football Championship Puts Raymond James in Spotlight
The financial firm has a 12-year sponsorship contract for Tampa's stadium, where Clemson defeated Alabama.
SIFMA Recommends Full-Market Close on MLK Day
The move would cover government securities, muni bonds and other products.
Wells Fargo, Black Brokers Settle Discrimination Suit for $35.5M
The class-action suit aims to prevent discrimination and support the participation of African American advisors.
Former Investors Cap CEO Resurfaces After a Costly Lesson
The former head of Investors Capital is relaunching his career after apparently losing money in the sale of his company to RCS Capital.
Fund Flows in 2016 Break Records, Again: SSGA
Assets rose 16% above the earlier record, but two fund groups stalled as investors withdrew their holdings.
Raymond James Grabs $170M Morgan Stanley Rep: Recruiting Roundup
Meanwhile, an RIA strikes out on his own; State Street and Eaton Vance share executive news.
FINRA’s Top 5 Exam Priorities for 2017
Advisors and broker-dealers have just received a “cheat sheet” of sorts from FINRA.
5 Brokers Who Crossed FINRA in Q4
Advisors did everything from obtaining credit cards using fake names to lying under oath, regulator says.