FINRA Fines Aegis Capital Over Unsuitable Trades
By Melanie WaddellNearly 70 customers' accounts were potentially excessively and unsuitably traded by the firm's reps, according to FINRA.
November 09, 2021
FINRA Bars Broker Accused of Trading in Dead Client's AccountThe broker, formerly affiliated with SagePoint and Cambridge, was accused of excessive unauthorized trading and forgery.
November 09, 2021
Morgan Stanley to Let Wealthiest Clients Invest in Private CompaniesThe wirehouse's new Direct Investment Access Program will be open to clients with at least $20 million in assets.
November 09, 2021
SEC Finds Widespread Deficiencies Among Robo-AdvisorsNearly all the advisors examined, including those serving retirement plans, received deficiency letters, the SEC said.
November 09, 2021
Resurrecting 2016 DOL Fiduciary Rule Would Hurt Low-Income Savers: StudyAn advocacy group worries Labor will veer too close to the vacated rule when it updates its definition of fiduciary.
November 08, 2021
Great Resignation? Not for Older Workers, Study FindsA quarter of workers over 45 say they've pushed back their retirement or plan not to retire at all.
November 08, 2021
To Keep Workers and Grow Talent, Leaders Need a Gut CheckA Chiral Project survey found workers burned out and women frustrated in career path development.
November 08, 2021
Raymond James Completes Move to New Park Avenue OfficeThe 160,000-square-foot space in the LEED-certified high-rise at 320 Park Ave. will host most of the firm's New York-based associates.