Vanguard Sues a Former Top Advisor, Saying He Poached UHNW Clients
By Dinah Wisenberg BrinMatthew Philip Snipes, who had managed $4.75 billion in assets, violated agreements when he broke away, Vanguard says.
June 30, 2022
Here's How FINRA Spent Its 2021 Fine MoneyIn 2021, FINRA enhanced BrokerCheck, the Fund Analyzer and created new, virtual events.
June 30, 2022
Grayscale Suing SEC After Its Bitcoin ETF Is RejectedA lawyer for Grayscale accused the SEC of "failing to apply consistent treatment to similar investment vehicles."
June 29, 2022
UBS to Pay $25M SEC Penalty Over Complex Options StrategyUBS advisors sold the Yield Enhancement Strategy even though some didn't understand the risks themselves, regulators say.
June 29, 2022
'Mom' Factor Helps Medicare Advantage Plans at House HearingMany lawmakers talked about how much their constituents, or their own parents, like the program.
June 29, 2022
Morningstar's Benz: 2 Risky Moves Investors Should Avoid Right Now"This is not the time for dramatic, either-or gestures," the personal finance director cautions investors.
June 29, 2022
In Wells Fargo Case, FINRA Didn't Manipulate Arb Process: Independent ReviewThe review recommended, however, that FINRA increase transparency in the arbitrator selection process.
June 29, 2022
NBA Invests in Celebrity-Backed Kids' Social NetworkZigazoo is a TikTok-like video-sharing app for children that plans to expand into the metaverse.