Interactive, the online trading firm that clears for more foreign financial firms than any broker-dealer, agrees to pay Finra, SEC and CFTC $38 million for “widespread failures” in its anti-money-laundering programs.
Robinhood Markets Inc. is outrunning its online-brokerage rivals, at least by one widely followed industry metric for customer activity.
A 21-year Edward Jones lifer producing $1.3 million left Friday to join an independent firm giant affiliated with Wells, while RBC added two Merrill teams collectively managing $340 million.
Top stories from around the web.
This Week’s Top: Wirehouse Recruiting Wars Continue, Another Broker Sanctioned over UIT Sales, and More
Most popular stories from August 2 to August 8.
AUSTIN, Texas — Kestra Private Wealth Services, LLC (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc. (Kestra…
UBS Group AG is severing ties with some Venezuelan clients it serves from the U.S. as the Trump administration tightens sanctions on a country that’s mired in a power struggle.
At least three former J.P. Morgan, Wells Fargo and Edward Jones brokers who joined Ameriprise in recent weeks are fighting lawsuits aimed at keeping them from calling former clients.