Next Round of Stimulus Likely in Early August
By Melanie WaddellAmerican Institute of CPAs' study found that 56% of business executives sought Paycheck Protection Program relief funds.
June 24, 2020
FINRA Suspends Ex-CEO From Shuttered BD First StandardThe former CEO must pass the Series 24 exam again before he could serve as a principal for any FINRA member.
June 24, 2020
Schwab Completes Motif Deal, Adds Staffing Info for RIAsThe news comes about three weeks after the Justice Department approved its $26 billion acquisition of TD Ameritrade.
June 24, 2020
Broker-Dealer to Pay $3.1M for Bad Trade DataThe inaccurate and incomplete securities trading information, or "blue sheet data," affected 27.6 million transactions.
June 24, 2020
FINRA Moves Ahead on Brokers-as-Beneficiaries RuleRegulatory group also is looking to build a standard to govern brokers acting as trustees or executors and being given power of attorney.
June 24, 2020
World Economy in 2020 to Weaken More Sharply Than Forecasted: IMFThe United States' economy is expected to contract 8% in 2020 vs. an earlier estimate of 5.9%.
June 24, 2020
DOL Proposes Limit on ESG Investments in Retirement PlansThe proposal reverses Obama-era guidelines allowing retirement plans to consider the social impact of investments.
June 24, 2020
Vanguard Embraces Blockchain to Enhance OTC Currency Market: Tech RoundupAlso, BNY Mellon and Wilshire Associates team up on advisor-focused custom target date platform.