Merrill Lynch has learned that broker trainees are one group of employees that is not best suited for the remote work environment. The wirehouse has temporarily shuttered its trainee program after some of the cold-calling newbies apparently went off the rails. Who didn’t see this happening?

Jeff and Bruce take another look at the potential conflicts of interest that could arise as Morgan Stanley continues to absorb ETrade’s custody business.

What’s up with buffered ETFs? Jeff and Bruce discuss how they work, when they work, who needs them and the reason they cost so much more than other ETFs.

The pace of consolidation in the RIA space is an ongoing story, but as the biggest buyers get bigger, is it possible the consolidators will start consolidating? We tell you what the biggest buyers are doing and how.

And in the Open Notebook segment, we celebrate the unusual level of access to high-level industry executives. It’s one of the upsides of a pandemic lockdown that has left everyone with more time on their hands.