Term Life Activity Keeps Booming
By Allison BellBut application activity for universal life was weak, according to new MIB data.
November 08, 2024
Schwab Launching Mortgage-Backed Securities ETFThe new fund, containing U.S. government-backed investment-grade securities, starts trading this month.
November 08, 2024
Osaic Failed to Supervise Trading in Dead Client's Account: FINRAThe broker-dealer, earlier known as SagePoint, was fined $250,000 for issues with this matter and another account.
November 08, 2024
PGIM Taps Morgan Stanley Exec as Next CEOJacques Chappuis will take the helm of the Prudential Financial asset management unit on May 1, 2025, replacing David Hunt.
November 08, 2024
Invesco to Pay $17.5M Over Misleading StatementsIt misrepresented the percentage of assets that took ESG factors into consideration, the SEC said.
November 08, 2024
Medicare Market Turmoil Boosts ShoppingBut some distributors are gone, and one market survivor acquired a 400-agent rival for free.
November 07, 2024
Family Office Rolls Out New Tax Overlay ProgramThe Aris Investing tools will help Callan's partners make personalized, tax-aware trading decisions for wealthy client portfolios.
November 07, 2024
SEC Enforcement Chief Doubles Down on Need for Texting CrackdownThe division considers the firm's size and regulated parts to ensure an adequate penalty, Sanjay Wadhwa said.