FINRA’s National Fraud and Financial Crimes Detection Programs has sent 50 cases to the SEC involving potential fraud by public companies related to COVID-19. So reports Think Advisor.
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Securities and Exchange Commission Chair Mary Jo White is proposing a host of reforms for…
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The Financial Industry Regulatory Authority has warned its member firms that claiming IRA are free…
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While market bulls are understandably cheering the ongoing equity rally off of 2009 lows, the…
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Smart beta funds are one of the hottest trends on Wall Street and are generating…
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A recent Government Accountability Office report maintains that 401(k) providers…
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The Department of Housing and Urban Development has changed principal…
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Since the turmoil that seized the banking sector with the mid-March failure of Silicon Valley Bank, at least 21 advisors have left First Republic Bank, with 13 heading to Morgan Stanley. So reports AdvisorHub.
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Private equity group Reverence Capital Partners is courting suitors for a minority stake in wealth…
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The NFL Players Association has approved UBS to work with current and former players through…
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Carl M. Hennig Inc. has agreed to pay $50,000 to settle the Securities and Exchange Commission’s claims that it fell short of Regulation Best Interest, according to the regulator. So reports InvestmentNews.
Based in Oshkosh, Wisconsin, the broker-dealer firm has about 10 registered reps overseeing some $1.3 billion in client assets.
The SEC cited alleged shortcomings in Hennig’s policies and procedures for meeting Reg BI, the 2020 rule that requires brokers to put their customers’ financial interests ahead of their own.
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