Raymond James, Securities America and NFP Unit Add Teams, Breakaways
Six reps, including two father-son teams, switched firms with a total of more than $920 million in client assets.
Fraudulent Families, Pt. 2: SEC Charges U.K. Twins in Pump-n-Dump Scheme
SEC alleges twin brothers, starting as 16-year-olds, ran an Internet pump-and-dump scheme in which they used ‘Marl’ the robot to manipulate penny stock prices while receiving money from the stocks’ ‘promoters.’
Raymond James Rolls Out High-Net-Worth Credit Line
Advisors have already made 72 of these new loans as an alternative source of liquidity in recent weeks, the company says.