SEC's Investor Advocate Decries Deregulatory Agenda Under Clayton
By Melanie WaddellEfforts to "modernize" or "streamline" rules hurt investors, Investor Advocate Rick Fleming says in his year-end report to Congress.
January 04, 2021
Centene to Acquire Magellan for $2.2 Billion in CashThe acquisition will merge behavioral health care programs of both firms covering 41 million people.
January 04, 2021
12 Cheapest U.S. Cities for Luxury Real EstateA high-end home in these cities is a bargain compared with places like New York and San Francisco.
January 04, 2021
SkyBridge Capital Launches Bitcoin Fund; VanEck Tries Again for a Bitcoin ETFThe fund is an opportunity for RIAs who can't own Bitcoin outright due to regulatory issues, SkyBridge founder Anthony Scaramucci tells ThinkAdvisor.
January 04, 2021
FINRA Fines LPL $6.5M Over Faulty Background Checks, Deleted RecordsThe firm failed to fingerprint more than 7,000 non-registered associated persons, FINRA says.
January 04, 2021
Hightower Makes Its Biggest Acquisition EverThe purchase of the $8 billion firm, based in Los Angeles, "is a heck of a way to start off the new year," Hightower CEO Bob Oros tells ThinkAdvisor.
January 04, 2021
Morgan Stanley Team Goes Indie With Raymond JamesThe group includes four advisors, three of whom have more than 20 years in the business; it is based in Franklin, Tennessee.
January 04, 2021
Genworth to Shift to China Oceanwide Deal Backup PlanThe companies say the deal agreement is still in place, but with no end date.