SEC, DOL Enforcement: Big Four Accounting Firms Must Disclose China-Related Records
Meanwhile, DOL wins a $10 million settlement in ESOP case and Massachusetts bars an advisor for fraudulent, unethical activities.
Goldman Reports Highest Profits in 3 Years
Underwriting revenue at Goldman Sachs surged to a record, and the firm’s reliance on trading fell to the lowest level in more than a decade.
Uncertainty Prevails in Bank Sector as Q4 Earnings Season Kicks Off
Some analysts expect the major banks to have "sluggish" earnings, but others see the market momentum as working in their favor.
Meredith Whitney to Lead Hedge Fund
The popular analyst is known for correctly predicting Citi's woes and erring in her outlook of muni bond doom.
New Hire Roundup: CFPB Names Antonakes Deputy Director
Justin Frys became a branch manager for Zeigler in Minnesota, and Chad Parks joined Beacon Research as sales director.
How Morgan Stanley Advisor Used LinkedIn to Land a $70M Account
Morgan Stanley advisor Mitchell Rock talks about how he uses LinkedIn to land clients.
SEC, DOL Enforcement: Oppenheimer Portfolio Manager Misled Clients
SEC accuses ex-Oppenheimer & Co. portfolio manager of misleading investors about fund returns; DOL orders theater workers' pension trustees to repay more than $2.2 million.
SEC, FINRA Enforcement: Ex-Marine Charged With Bilking Fellow Servicemembers
Among other recent FINRA and SEC actions were a $1.4 million fine for Oppenheimer & Co. for penny-stock violations and insider trading charges against a former Green Mountain Coffee exec.
SEC Names Asset Management Enforcement Co-Chiefs, Legislative Director
Julie Riewe, Marshall Sprung to jointly run unit in enforcement division, while Timothy Henseler will direct Office of Legislative and Intergovernmental Affairs.
Meredith Whitney: I’m a ‘Growth Chaser,’ Not a ‘Doom and Gloomer’
Star analyst Meredith Whitney kicked off the IMCA conference Sunday in Seattle by decrying her reputation as a “doom and gloomer.”