LPL Financial Acquires $9B Wealth Management Firmby Mark Eisenberg 04.09.2024LPL Financial to acquire The Investment Center, a $9B firm with 240 advisors. Deal closing expected by 2025 pending approval.
Wall Street Firms Settle $470M Recordkeeping Violationby Mark Eisenberg 15.08.2024Major Wall Street firms pay $470M to US regulators for violating recordkeeping rules through non-compliant communication channels.
Ripple’s Top Lawyer Questions SEC’s Ethereum Stanceby John Darbie 20.06.2024Ripple's top lawyer questions SEC's sudden drop of Ethereum probe, raising concerns over Ether's legal status and ongoing regulatory uncertainty.
Nomura’s Laser Digital Ventures into Crypto in Abu Dhabiby John Darbie 19.06.2024Laser Digital gains FSP from ADGM, allowing Nomura’s arm to offer crypto trading and asset management in Abu Dhabi, expanding ...
Bitcoin ETFs Surpass S&P 500: Michael Saylorby John Darbie 07.03.2024Bitcoin ETFs from BlackRock and Fidelity have exceeded expectations, with significant inflows and high trading volume, even rivaling the S&P ...
LPL Financial’s Acquisition of Atria: Game-Changing Wealth Merger.by Terry Bingman 17.02.2024LPL Financial's acquisition of Atria Wealth Solutions is expected to increase its reach and earnings, boosting its share price and ...
Raymond James Hires Stifel Exec for NE Advisorsby Mark Eisenberg 12.02.2024Raymond James Financial appoints Alex David to lead independent financial advisors in the Northeast, strengthening their services in the region.
Baird taps John Baracy to spearhead California Public Finance groupby Mark Eisenberg 09.02.2024Employee-owned international broker-dealer Baird expands into California with the launch of a California Public Finance group, headed by veteran banker ...
SEC Hits Record Fine in Sweep of Firmsby Mark Eisenberg 09.02.2024The SEC fines 16 firms $81 million for violating recordkeeping requirements tied to off-channel communications, in a crackdown on financial ...
Prometheum Launches Ethereum Custodial Services, Pressures SECby John Darbie 09.02.2024Prometheum's new special-purpose broker-dealer license for Ethereum trading as a security raises regulatory questions. Ethereum's market performance remains stable amidst ...