Barred Broker Fined By The SEC Over Trading Scheme
The SEC has fined a barred broker, Christopher Booth Kennedy, $2.1 million for allegedly orchestrating a trading scheme causing losses to his clients.
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Why Technology Has Enhanced, Not Replaced, Financial Advisers
For years, conventional wisdom has suggested that artificial intelligence and robo-advisers would replace a significant number of financial advisers.
CEO Of Keep Sake Investments Sentenced To 2.5 Years For Embezzling
Kristi Berge, a 48-year-old investment advisor from Edina, Minnesota, has been sentenced to two-and-a-half years in federal prison for embezzling.
Morgan Stanley Smith Barney To Pay $15M Penalty To Settle SEC Charges
Morgan Stanley Smith Barney will pay a $15 million penalty as part of a settlement with the SEC related to four financial advisers who stole millions.
Battle Against ESG Investing Intensifies
The Republican battle against ESG investing intensifies as a coalition of 11 states, led by Texas, files a lawsuit against Vanguard Group, BlackRock,
Appellate Court Blocks Finra From Expelling Alpine Securities
A federal appellate court has temporarily blocked the Financial Industry Regulatory Authority (Finra) from expelling Alpine Securities Corporation.
Investment Management Firms Reassessing Their Trading Policies And Practices
Portfolio manager trade allocations are now under intense regulatory scrutiny after federal prosecutors charged a prominent bond fund manager.
