Gensler Talks GameStop Volatility at SEC Nomination Hearing
By Melanie WaddellIssues such as best execution, trading apps and payment for order flow need review in light of the recent trading frenzy, he says.
March 02, 2021
Walmart Lures Goldman Bankers in Bid to Fight Wall StreetWalmart's move deprives one of Wall Street's elite firms of its talent atop its own foray into online banking.
March 02, 2021
New Life Policy Fits Consumer Loans Like Spandex: Life MovesLincoln has added two VUL policies, and Haven Life will sell term life through Waffle.
March 01, 2021
Vanguard Removes Manager From $45B FundJackson Square Partners was removed as an advisor to the $45.5 billion U.S. Growth Fund and an insurance-related fund.
March 01, 2021
Richest 100 Americans Would Pay $78B Under Warren TaxThe bill stipulates that households with a net worth of over $50 million would pay a 2% yearly tax on their wealth.
March 01, 2021
Massachusetts BD to Pay $450K Over 12b-1 FeesThe BD also used its principal trading account to engage in self-dealing, the SEC says.
March 01, 2021
Merrill Ramps Up Wealth Unit as Rich Clients Flock to FloridaThe wirehouse plans to add about 20 UHNW teams in the state to meet growing demand.
March 01, 2021
Fidelity Charitable Wins Lawsuit Over Stock DonationA couple, both hedge fund managers, charged that false promises were made to induce them to contribute stock to a donor-advised fund.