Firm Violated Reg BI With Risky Options Strategy: SEC
By Melanie WaddellWestern International Securities was fined $140,000 for letting a former rep day trade options in clients' accounts.
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.
July 30, 2024
Senate to Vote on Tax Bill With 100% Bonus DepreciationThe Senate majority leader plans a Thursday vote on the Tax Relief for American Families and Workers Act.
July 30, 2024
What the New Emergency Retirement-Distribution Draft Guidance Means for AnnuitiesThe latest IRS draft guidelines includes two new ways for clients to tap their nest eggs under the Secure 2.0 Act.
July 30, 2024
Jeremy Siegel: New Stock Winners Starting to EmergeLower interest rates could fuel value stocks, the economist suggested, while growth stocks stay short of peaks.
July 30, 2024
Tech Stocks Sink as War Jitters Fuel Rush to BondsMost shares in the S&P rose, but renewed tech weakness weighed on the gauge, with Nvidia tumbling 5%.
July 30, 2024
Third of Americans Report Lack of Financial Well-BeingRetirement-related worries are a top source of stress, a Guardian Life survey found.
July 30, 2024
Amerprise Sues LPL Over 'Shocking' Recruiting TacticsThe firm accuses LPL of "systematically" directing its recruits to take confidential client information.