New Hire Roundup: Cetera Names New CIO
Meanwhile, Dynasty Financial Partners welcomed Ron Sallet, Morrison & Foerster added Charles Duross, and Fusion Family Wealth added Fred Gold.
SEC, FINRA Enforcement: Alcoa Fined $384M for Bribery
Meanwhile, Barclays felt FINRA's wrath, and J.P. Morgan Securities racked up two FINRA fines.
New Hire Roundup: Altegris Names Jack Rivkin CIO
Meanwhile, Convergent welcomed Richard Wells and the Senate Finance Committee approved three nominees for federal positions.
Why Buyers Should Be Wary of Bitcoin Mania
There's a lot more to investing in the so-called "virtual currency" than potential investors may know about.
SEC Enforcement: ‘Trader’ Bilks Elderly Investors to Pay Mortgage
Other recent targets of SEC actions were an oil services company fined for bribing foreign officials and a penny-stock financier.
SAC Capital Pleads Guilty, Will Pay Record $1.2 Billion Penalty
The penalty is on top of the $616 million in insider trading fines that SAC agreed to pay earlier this year.
SEC, DOL, FINRA Enforcement: SAC Capital Could Plead Guilty
Among other recent enforcement actions, DOL retrieved $1.6 million for Sunkist employees and FINRA fined and censured Scottrade.
JPMorgan CEO Meets With Attorney General Amid MBS Charges
A government official familiar with ongoing negotiations said an $11 billion national settlement is under review to resolve claims against JPMorgan.
Top 10 Wall Street Crooks: Insider Trading
Using confidential information to make a mint is nothing new. Here are 10 that carried on that fine Wall Street tradition.
DOL Provides ERISA Guidance for Same-Sex Couples
DOL announced new guidance interpreting the Supreme Court’s decision overturning the Defense of Marriage Act and its impact on ERISA.