The case, which dates back to 2006 and 2007, relates to the issuance, underwriting and sale of the securities.
Securities attorney hails 'good day for Finra and an even better day for investors.'
About two-thirds of respondents to a Bloomberg survey say they'll stop using ESG in conversations with clients but continue to incorporate it in their business.
State launches 9% rate for high earners.
Even as the bank removes Credit Suisse nameplates, more legal storm clouds roll in.
As the SEC puts off deciding on spot bitcoin ETF, 21Shares and ARK file for a fund that would invest in bitcoin futures.
The litigation funding investment market js set for strong gains according to a new report.
Judge rules on Epstein-related lawsuit.
Regulators have quizzed more than a dozen other firms about the use of unofficial channels like WhatsApp.
ESG-themed funds named in the case are only available through a brokerage window, the defendant noted.
Wedbush staff members sent and received messages related to providing investment advice to the firm's clients, according to the SEC.
Wells Fargo units agreed to pay $125 million to the SEC and $75 million to the CFTC.
The ARK Investment Management CEO backed away from her previous view that her firm's spot-bitcoin ETF would be the first to be approved.
Legislation would extend spousal protections used in pensions to defined-contribution plans.
Like other technologies in the past, AI is bound to reshape the operations of the financial advice industry.
More certified financial planners will help more people make better decisions with their money, says advisor.
The Massachusetts Secretary of the Commonwealth sent letters to firms including JPMorgan and Morgan Stanley to learn how they are using AI with investors.
But LPL Financial, Fidelity back the idea of allowing supervisors to work from home, using technology to oversee reps, as they did during the pandemic.
'If you’re expecting any meaningful legislation to emerge from all the Republicans’ talking points, think again,' says Washington Research Group's John Miller.
But demand for futures products, rather than spot ones, is a big question.
