Advisor Accused of Stealing From Widowed Aunt Faces Fraud Charges
By Melanie WaddellScott Mason misappropriated $20 million from 13 clients, according to the SEC.
January 17, 2025
Goldman Rakes In Record Wealth RevenueTotal wealth management client assets stood at around $1.6 trillion at year-end.
January 17, 2025
Vanguard to Pay $106M to Settle Charges Over Misleading StatementsThe settlement is tied to tax bills some clients received after others switched to lower-cost funds.
January 17, 2025
Surging Rates Stoke GOP Tensions on Paying for Tax CutYields on 10-year Treasurys are double what they were just before Trump started his first term.
January 17, 2025
Capital One Direct Deposit Problems Drag On Into Third DayCustomers continued to report account trouble Friday, with an outage monitoring site logging 4,000 reports.
January 17, 2025
SEC Fines LPL $18M for AML ViolationsLPL failed to close or restrict thousands of prohibited high-risk accounts, according to the SEC.
January 17, 2025
Wells Fargo, Merrill to Pay $60M Over Cash SweepsClients were pushed into bank sweeps that at times paid far less than other options, the SEC said.
January 16, 2025
Federal Appeals Court Rules on How to Read a Life Insurance PolicyKansas City Life violated contract terms when changing its cost-of-insurance charges, an 8th Circuit panel found.