RBC Reportedly Considering Sale Of Asian Wealth Management Business
The Royal Bank of Canada (RBC) is reportedly reviewing [...]
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SEC v. Dawn J. Bennett: From “Financial Myth Busting” To “Busted”
Last fall, the SEC initiated disciplinary proceedings against financial advisor and self-proclaimed “Financial Myth Buster” Dawn Bennett, accusing her of…
Read MoreSEC will Only Target Corporate Directors in the Most Egregious Cases
The Securities and Exchange Commission (SEC) has announced that it will focus enforcement cases on corporate directors […]
Read MoreCredit Suisse Sues UBS for Raiding it’s Brokers
As we reported previously, Credit Suisse has decided to exit the retail U.S. brokerage market and has been in discussions…
Read MoreMorgan Stanley Axes 1,200 Jobs
Morgan Stanley announced it will eliminate 1,200 positions, amounting to 25% of the firm’s entire fixed income trading staff as…
Read MoreInvestment News Article Indicates Stalling in Women Obtaining Leadership Positions in Financial Services Industry
Investment News released an online article last week indicating that women’s advancements into senior positions at financial advisory firms have…
Read MoreSEC Argues That Favorable Ruling for Respondent in the Eleventh Circuit Would Conflict With 7th and D.C. Circuit Precedent
Respondents challenging the constitutionality of SEC administrative proceedings imposing civil penalties on unregulated individuals have had a measure of success…
Read MoreMassachusetts Securities Department Investigates Funds’ Accounting Problems
Massachusetts Secretary of the Commonwealth, William Galvin, responsible for policing the state’s securities laws, announced his office sent letters to…
Read MoreTexas AG in Hot Water for Alleged Securities Fraud
On Monday, Texas Attorney General Ken Paxton surrendered at the Collin County Jail and was charged with two first-degree felonies…
Read MoreWhat Do Flip Flops, a Halloween Party and Bad Language Have In Common? One Fired Broker…
Until July 2015, Marc Lowe was a top-producing financial advisor based in Bank of America Merrill Lynch’s Los Angeles offices.…
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