Regulation

The new offerings could boost returns to investors by 50 basis points, according to a study.

The new offerings could boost returns to investors by 50 basis points, according to a Morningstar study.

The settlement is the third major regulatory payment the BD has incurred in the past year. A branch manager associated with the Jay Peak case has also left the firm.

Motif’s Hardip Walia discusses attitudes of investors and the inadequacies with contemporary environmental, social and corporate governance investing.

He cited an IMF report that suggests growth is impaired by slow business investment and an aging population with reduced demand for consumption.

Futures closed at the highest in six weeks after Saudi Arabia was said to likely support prolonging output reductions.

The adviser allowed her disabled sister to die of untreated bedsores, according to the D.A. It’s the first known such case involving a CFP, says the CFP Board.

The firm won a rejection of her $1 million claim, promissory note damages, legal fees and interest.

In bond and stock markets, managers had been shorting volatility to generate additional yield, such as by selling out-of-the-money put and call options.

The firm previously told some customers they would be transferred from their advisers to a self-managed system, but then backtracked and said it's holding off on the changes.