Judge Remands Scottrade Fiduciary Case Back to State Agency
By Melanie WaddellJudge Gorton blesses Galvin's plea, stating: "This Court lacks subject matter jurisdiction and plaintiff's motion to remand will be allowed."
August 16, 2018
Galvin Charges BD With Making Short-Term Trades to Boost Commissions: EnforcementAlso, a pyramid scheme promoter targeting Latinos agreed to pay more than $1 million to the SEC.
August 16, 2018
Citigroup's Rogue Traders Fuel $10.5M SEC PenaltySEC's Berger said, "Citigroup fell short of its obligations ... to guard against fraud."
August 15, 2018
Raymond James, Affiliate Add 4 Wells Fargo Reps With $662M: Recruiting RoundupMeanwhile, a duo of Wells Fargo advisors move to Ameriprise Financial in California with some $161 million in assets.
August 15, 2018
Prudential's Real Estate Finance Arm Describes Its Lending TargetsThe company expects to target middle-income multifamily borrowers, and owners upgrading industrial properties.
August 15, 2018
Indexed and MYGA Annuities Eat Market Share Pie: WinkPreliminary survey figures suggest that traditional fixed annuity products lost some ground.
August 15, 2018
Libor Replacement Begins to Take RootWithin the past few weeks the World Bank and Fannie Mae have issued floating rate notes tied to the U.S. Secured Overnight Financing Rate, or SOFR.
August 15, 2018
Social Security Constitutes Most of Retirement Income for Most AmericansWomen, people of color and those with lowest income particularly rely on Social Security.