Stifel to Pay $2.3M Over Sales of Complex ETFs
By Dinah Wisenberg BrinThe reps' 'misuse' of the nontraditional funds caused clients to lose $1.3 million, FINRA says.
March 26, 2024
BlackRock's Fink Calls on Boomers to Fix 'Retirement Crisis'"It's no wonder younger generations, millennials and Gen Z, are so economically anxious," Fink wrote in an investor letter.
March 25, 2024
BofA Launches Retirement Income PortfoliosThe offering aims to provide a reliable money stream, even during inflation and market swings.
March 25, 2024
Voya Faces Suit Over Universal Life Policy Premium HikeThe plaintiffs contend that the premium suddenly jumped to $90,000, from $25,000, without warning.
March 25, 2024
Bank of America Overhauls Mobile AppThe updated app provides a new platform that consolidates five BofA apps, including banking and investing.
March 25, 2024
Morgan Stanley to Pay $3M in FINRA Arbitration Over Deferred CompAmounts of deferred compensation to be paid to former advisors range from about $70,000 to more than $600,000.
March 25, 2024
Morgan Stanley's Wilson Says Stock Rally Will End if Profits DipMorgan Stanley and JPMorgan Chase are growing concerned as the outlook for profits has been weakening.
March 22, 2024
House Panel Passes Bill to Quash DOL Independent Contractor RuleSupporting lawmakers say the rules are arbitrary and capricious under federal law.