Industry
Focus Of The Private Placement Fracas Turns To Embattled CapWest Securities
Now that Securities America has settled its private placement obligations, the next question is whether a much smaller firm in Colorado will survive the saga.
LPL Beats The Industry On Recruiting, Touts RIA Growth In Its Latest Earnings
LPL may do a victory lap this morning for reporting that it captured more advisors than anyone else and is already becoming one of the biggest RIA custodians.
Religious-Themed "Hedge Fund" Gets Shut Down In Beverly Hills
A federal judge has given the SEC emergency powers to shut down a "hedge fund" that used aggressive religious messaging in its early sales campaign.
Securities America Is Indeed Up For Sale As Ameriprise Quits The Independent Channel
Now that Ameriprise has settled with aggrieved clients, it has confirmed our earlier suspicions that it is ready to sell Securities America.
FINRA Spent More Money Lobbying Congress Last Quarter, But Guess Who Spent Five Times As Much
FINRA is spending a lot more this year to explain its agenda to Congress, but that's nothing compared to what a few of the industry organizations regularly pay out to lobbyists.
