The Financial Industry Regulatory Authority (FINRA) fined and suspended James Schumaker, an independent advisor.
The Financial Industry Regulatory Authority (FINRA) fined and suspended James Schumaker, an independent advisor.
J.P. Morgan Securities has filed an action against Stephen Browne for "aggressively soliciting" former clients and prematurely informing them of his transition, allegedly in violation of his employment agreements.
The majority of the decade's top-performing energy funds have posted losses, except for one.
According to news sources, some brokers arranged lavish client dinners and purchased private suites at Madison Square Garden to promote and sell $1.8 billion in private placements managed by GPB Capital.
An employment agreement, including a one-paragraph amendment signed over a decade ago, now is playing a crucial role in ongoing litigation between Morgan Stanley and RBC.
Morningstar Inc. allegedly made adjustments to 30 commercial mortgage-backed securities valued at $30 billion.
J.P. Morgan Securities sued a former New Jersey-based advisor, who joined Merrill Lynch in January.
Member firms have requested that the Financial Industry Regulatory Authority (FINRA) ease in-person supervision requirements and revise other rules to reflect current digital business operations.
Financial advisors have embraced a broader perspective on the record-level valuations occurring against the backdrop of the COVID-19 pandemic.