Firm Violated Reg BI With Class A Mutual Fund Switches: FINRA
By Melanie WaddellSecurities Research Inc. of Florida must pay more than $100,000 for not supervising a rep's short-term switches.
September 16, 2024
Consumers Still Want Long-Term Care InsuranceAbout 24% of high-income consumers surveyed said they're very likely to buy the product.
September 13, 2024
Fed Puts Life and Annuity Real Estate Under Magnifying GlassAnalysts estimate a severe crisis could cut 16 insurers' capital by more than 20%.
September 13, 2024
Ex-Banker Charged With BofA Exec's Murder Faces Trial MondayAnthony Duwayne Turner is charged with killing BofA-Merrill executive Michelle Avan in August 2021.
September 13, 2024
Younger Americans Are Choosing Financial Security Over Parenthood: SurveyMotivations for remaining childfree include a preference for financial freedom and the inability to afford children, MassMutual found.
September 13, 2024
Merrill Lands $2.2B Morgan Stanley TeamThe Oberheide-Schlesinger Group's James Oberheide brings over 30 years' financial industry experience.
September 13, 2024
Wells Fargo Clearing to Pay $3M Over Reps' Unsuitable TradesThe firm failed to supervise short-term trading of income-generating securities, FINRA says.
September 13, 2024
New Bill Creates $25,000 Tax Deduction for SeniorsThe Seniors in the Workforce Tax Relief Act establishes an above-the-line deduction for 2024 through 2028.