Wells Fargo to Pay $37M to Settle Fraud Lawsuit
By Hannah Levitt and Bob Van VorisThe case involves 771 clients, including businesses and banks, that were charged too much for foreign-exchange transactions.
September 27, 2021
RIA Deals for 2021 Have Already Surpassed 2020 Total: DeVoeThis makes 2021 the eighth consecutive record year of RIA M&;A activity, the firm reported.
September 27, 2021
Integrity Marketing Acquires Medicare Firm: DealsSimplicity Group has scooped up Sawtooth Solutions.
September 27, 2021
New York State to Get a New Top Insurance RegulatorMeanwhile, the American Academy of Actuaries has a new executive director.
September 27, 2021
Barred Broker With 37 Client Complaints Hit With SEC Fraud ChargesMichael Shillin is accused of deceiving more than 100 clients on matters including insurance, pre-IPO shares, taxes and retirement accounts.
September 27, 2021
DFA Launches Digital SMA Platform, Slashes Minimum InvestmentThe tech-enabled platform cuts the SMA investment minimum to $500,000 from more than $20 million.
September 27, 2021
Trade Groups Urge DOL to Extend Fiduciary Rule Compliance DateThe groups express concern that small firms can't afford to comply with a Trump-era rule that may soon be replaced.
September 27, 2021
4 Asset Managers Launch Income-Generating ETFsAmong them, Harbor Capital, which has launched its first ETFs.