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As Cetera parent RCS Capital moves toward bankruptcy emergence, the IBD will shutter two smaller IBDs, leading to likely loss of unknown number of advisers.
May 18
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Rejection is unsurprising and RCS plans to contest objections by Nicholas Schorsch-affiliated entities, says David Orlofsky, RCS' chief restructuring officer.
May 9
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Lightyear Chief Executive Donald Marron is getting a second chance to purchase the insurer's broker-dealer arm.
January 26
