FINRA Fines Merrill $150K for Allowing Unregistered Exec to Be Principal
By Jeff BermanThe individual was managing firm's prime brokerage business in violation of FINRA rules, the regulator says.
May 14, 2020
RBC Nabs $600M UBS TeamThe wealth firm says COVID-19 shelter-in-place restrictions have "not slowed" its recruiting pace.
May 14, 2020
Small Businesses Prepping for a Year of Disruptions Due to PandemicA global payment network polled small and midsize businesses on how they were handling the coronavirus.
May 14, 2020
SEC Launches PPP Loan Sweep of Public CompaniesThough the enforcement probe is focused on public firms, advisors could be questioned on PPP loans in their next exam, a lawyer says.
May 14, 2020
Maybe the Affordable Care Act Can Live Without the Individual Mandate'Friends of the court' are making the case why severability shouldn't be such a big deal.
May 14, 2020
COVID-19 Crisis Could Cut Life Insurers' Assets 2.2%: Fitch AnalystsAnalysts at the rating agency see variable annuity benefits guarantees as high-risk products.
May 14, 2020
Life Sales Look Great: ACLI PresidentSusan Neely and other NAIFA webinar panelists said they're also seeing welcome changes in rules.
May 13, 2020
SEC Orders Ponzi Schemers to Pay $2.8MAt least 55 investors – mostly seniors and small business owners – were targeted in scheme, regulator says.