$35M Ponzi Scheme Targeted Church Members: SEC
By Melanie WaddellBrent Seaman and his marketing materials touted some "25 years of running successful businesses and 'an assignment from a higher power,'" the SEC complaint states.
July 27, 2023
LPL Taps New Exec From GoogleAlthea Brown will join the firm in September, replacing Chief Legal Officer Michelle Oroschakoff, who is retiring this fall.
July 27, 2023
Northwestern Mutual and DWS Raise $500M for Private Equity FundThe fund gives other institutional investors a chance to invest in the kinds of private equity that Northwestern Mutual puts in its own general account.
July 27, 2023
New Bill Allows Auto-Reenrollment in Retirement PlansPlan sponsors would be able to reenroll non-participants at least once every three years.
July 27, 2023
AdvicePay Names New CEOAlex Sauickie succeeds co-founder Alan Moore; he is a veteran fintech exec and a New Jersey assemblyman.
July 26, 2023
Hunter Biden's Plea Deal on Tax Charges in LimboA hearing over the plea agreement tied to misdemeanor tax crimes and a firearm violation ended on Wednesday without resolution.
July 26, 2023
Life Insurers Kept Selling More Fixed Annuities in Q2The products help clients insure their income and increase issuers' exposure to guarantee risk.
July 26, 2023
SEC Floats New Rules on Digital Nudges, RobosBroker-dealers and advisors could be required to address conflicts of interest associated with AI and predictive data analytics.