LPL, Ex-Ameriprise Advisor Take a FINRA Hit in Recruiting Battle
By Dinah Wisenberg BrinAn arbitration panel enjoined Douglas Kenoyer and said he wasn't entitled to Broker Protocol protections due to his conduct.
February 28, 2025
Citi Erroneously Credited $81 Trillion to Client Account: ReportThe bank made the error, which it fixed, when trying to transfer $280, according to the Financial Times.
February 28, 2025
Social Security Administration Plans 'Massive' RestructuringThe agency's acting commissioner warned employees to prepare for mass layoffs.
February 28, 2025
Traditional Variable Annuity Sales Rise 53% in Q4Strong stock market performance tempted retirement savers out of the storm cellar.
February 28, 2025
Social Security Contractors Cut Off as DOGE Targets AgencyThe acting chief says SSA has cut half of its outsourced IT spending and is dismissing 200 employees.
February 28, 2025
State Street, Apollo’s Private Credit ETF Raises SEC ConcernThe SEC asked the firms for more information in a letter Thursday, expressing worry on the fund’s liquidity.
February 28, 2025
SEC Staff Says Memecoins Are Like Collectibles, Not SecuritiesSellers do not need to register with the SEC, and buyers are not protected by securities laws.
February 28, 2025
Firm Hit With Reg BI Fine Over Private PlacementsFINRA fined Cova Capital Partners for recommending three private placements that weren't suitable for some investors.