Tagged with "bankruptcy"

Oil and Gas Industry Sees Wave of Bankruptcies

Posted on October 13th, 2020 at 4:35 PM
Oil and Gas Industry Sees Wave of Bankruptcies

So far this year, 36 North American oil and gas producers have gone bankrupt, according to an article on Law360.

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Platinum Partners’ Hedge Fund Files for Bankruptcy

Posted on November 1st, 2016 at 9:21 AM
Platinum Partners’ Hedge Fund Files for Bankruptcy

Platinum Partners’ flagship fund has filed for chapter 15 protection bankruptcy. Platinum Partners filed for Chapter 15 because its fund had legal operations in the Cayman Islands. 

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SEC Approves New FINRA Background Check Requirements for Reps

Posted on January 14th, 2015 at 11:21 AM

A new FINRA proposal that requires brokerages to strengthen the background reviews they conduct on new hires has been approved by the SEC.

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LATEST NEWS AND ARTICLES

April 24, 2024
RIA Insurance Claims Skyrocket

A recent analysis by Golsan Scruggs reveals a staggering 231 percent increase in errors-and-omissions (E&O) liability claims among registered investment advisor (RIA)
insurers.

April 23, 2024
Surge Predicted in Regulation Best Interest Cases

According to a recent analysis, Reg BI-related actions quickly have ascended to the top five issues for FINRA, with fines totaling $6 million in 2023.

April 22, 2024
FINRA Fines Independent Broker-Dealers Over Cybersecurity Lapses

The Financial Industry Regulatory Authority (FINRA) has imposed fines and censured independent broker-dealers Osaic Wealth and Securities America for cybersecurity deficiencies that led to hackers accessing the private information of more than 32,000 customers.