Close to 110 mergers and acquisitions completed; M&A discussions 'back on the front burner'
The Charles Schwab Corp. will pay $119 million to regulators to settle charges related to its disastrous YieldPlus bond fund, the company said last week.
Schwab's YieldPlus fund has generated plenty of negative publicity for the brokerage. Here's more: the company today agreed to pay $119M to settle SEC and Finra charges related to the ultra-short bond fund. In addition, two Schwab execs are now facing fraud charges related to the selling of the fund.
The brokerage industry's recruitment protocol, which is credited with reducing litigation when advisers change firms, might be becoming a victim of its own success
It may not be her biggest concern right now, but the recently departed Sallie Krawcheck will have to land a new gig at a large brokerage firm or resign her newly won seat on Finra's board
The former managing director of strategic business development at Schwab Advisor Services, has launched his own consulting practice.
Raymond James executives are taking steps to boost the profile of the firm's small custody unit, and they are hinting at bigger things to come
A former district director of Finra's New York office has filed an age discrimination suit against the regulator, Reuters reported last week
