Pershing Hit With $1.4M Fine Over Bad Interest Rate Data
By Melanie WaddellOne million account statements and trade confirmations had inaccurate interest rate information for some securities, FINRA said.
July 31, 2024
Higher Stock Prices and Worried Investors Boost Q2 Annuity SalesRegistered index-linked annuities and deferred income annuity sales sizzled, according to the latest LIMRA survey.
July 31, 2024
The 12 Worst States for an Affordable Retirement: 2024Factors that influenced the ratings include the cost of living, well-being, health care, crime and the weather, says Bankrate.
July 31, 2024
Focus Financial Taps New Head of DevelopmentTravis Danysh is now tasked with leading all corporate development activities at Focus, including M&A.
July 31, 2024
Firm Violated Reg BI With Risky Options Strategy: SECWestern International Securities was fined $140,000 for letting a former rep day trade options in clients' accounts.
July 31, 2024
Market Sees Rate Cuts As a Sure Thing: Peter MalloukThe market expects a rate cut to come in September, the leader of RIA Creative Planning says.
July 30, 2024
How Medicare Can Make Summer HealthierOne way to connect with older clients is to tell them about benefits that are right for the season.
July 30, 2024
Ameriprise and Wells Fargo Sued Over Low Interest on Client CashThe lawsuits follow similar client complaints against LPL Financial and Morgan Stanley.