FINRA Suspends Ex-Ameriprise Rep for Selling Shares in Friend's Firm to Clients
By Jeff BermanFormer broker invested about $550,000 of clients' money in his friend's energy firm, regulator says.
May 28, 2020
Equitable and Brighthouse to Power BlackRock Annuitization OptionBlackRock says the annuity contracts 'will not limit the daily liquidity' of the associated target date strategy.
May 28, 2020
Washington State Attracts More 2021 ACA Exchange Plan IssuersEleven carriers have applied to fill the Washington Healthplanfinders' shelves.
May 27, 2020
LPL to Buy $2B Advisory Firm"Expect more of this" as acquirers capitalize on the shutdown, popular blogger Michael Kitces said.
May 27, 2020
IRS Floats Plan to Update Withholding Rules for Annuity PaymentsThe 2020 default rate of withholding on periodic payments will continue to be based on treating the taxpayer as a married individual.
May 27, 2020
Fed Catalogs Devastation Wrought by Pandemic on U.S. Economy"Most contacts were pessimistic about the potential pace of recovery," according to the Beige Book report.
May 27, 2020
FINRA Suspends Ex-Wells Fargo Rep Who Borrowed $16K From ClientThe broker then falsely claimed he did not engage in any such arrangement, the regulator says.
May 27, 2020
S&P: Small Businesses Still Hurting Despite PPPWhile the second round of loans are reaching a wider range of businesses, issues remain, the firm found.