FINRA Slams J.P. Morgan Securities Over Background Check Failures
J.P. Morgan Securities failed to conduct “timely or adequate background checks” on 95% of non-registered associated persons.
Raymond James Wraps Up $172M Deal
The firm completes purchase of Scout Investments and Reams Asset Management and shares its October results.
13 Best & Worst Broker-Dealers: Q3 Earnings, 2017
Most, but not all, large financial firms with broker-dealer operations reported positive results for the quarter.
3 Ex-TD Ameritrade Execs Pump Cash Into TAMP Firm
Investor Bryce Engel comes on board to lead Fusion Capital, while Asiff Hirji and Wayne Ferbert will join the board.
Mortgage Lender Charged With Illegal Securities Offering: Enforcement
In other enforcement actions, a fake EDGAR filer pleads guilty to securities fraud charges.
Securities America Adds $446M All-Women RIA: Recruiting Roundup
Meanwhile, RBC draws teams from Wells Fargo and UBS, and Ameriprise brings on a group from Merrill Lynch.
Will More Firms Leave Broker Protocol?
After Morgan Stanley's exit, the recruiting scene could shift in a variety of ways, says one industry watcher.
Edward Jones Aims High With Bridge Diversity Program
The firm is building on its WINGS program for female advisors, according to Monica Giuseffi.
How to Help Clients Manage Their Most Precious Assets
They are collectibles, which about 25% of wealthy investors own, but many haven't had their collections appraised or insured.
SEC’s Top 3 Enforcement Priorities
Stephanie Avakian, co-director of enforcement, said the agency is trying to be “more strategic,” expanding the use of digital analytics in investigations.