FA News

Democrats' Anti-Wall Street Wing Just Won A Major Victory

by

Democratic Caucus Chairman Joe Crowley suffered a primary defeat to a candidate who wants to revive the Glass Steagall Act.

Commonwealth Financial Names New President, COO

by FA Staff

CFO Trap Kloman will replace Rich Hunter, who will remain a managing partner, in the dual role of president and COO.

Summers Says Too-Tight Fed Policy Is A Greater Risk Than Inflation

by ,

“The dangers are still much more on the side of too much slowdown," the former U.S. Treasury secretary said.

A New Advisor Going After Young Chinese Professionals

by

But the target market may not know what to think of his services.

Bank Of America Sued For Allowing $102 Million Ponzi Scheme

by

The suit stems from an SEC fraud case that allegedly targeted more than 600 investors.

Vanguard Plans To Enter ESG ETF Space

by

The fund giant has filed with the SEC for two low-cost ESG-focused funds.

China Think Tank Warns Of Potential 'Financial Panic' In Leaked Note

by

The study is another indicator China is growing concerned about its trade tensions with the U.S.

Soros Backs Personal Injury Lawsuits In Market With 20% Returns

by

Soros Fund Management is pushing into a branch of litigation finance that few hedge funds have entered.

Morgan Stanley Sees 'Rolling Bear' Reaching High-Quality Stocks

by

“We are not seeing an ’08 scenario where everything gets hit at once," a company strategist said.

Ex-State Street Banker Convicted Of Defrauding Retirement Funds

by

State Street allegedly defrauded clients by secretly applying millions of dollars in commissions to their trades.

U.S. Supreme Court Rules Against Unions On Mandatory Fees

by

The ruling was years in the making for right-to-work advocates and the court’s conservative wing.

Hedge Fund Managers See Echo Of Past Crashes In Markets

by ,

A growing number of hedge fund managers see darker days ahead, and they're placing bets.

A Chinese Tech Wreck Is Crushing Emerging-Market Stocks

by

The sector's underperformance has been concentrated in Chinese equities.

Murphy Offers New Jersey Lawmakers Compromises On Tax Increases

by

The Democratic governor is offering to lower the millionaire's tax he originally proposed.

Advisors To Receive Guidelines For Meeting New CFP Standards

by

The CFP Board has created a commission to help advisors meet its new Code of Ethics and Standards of Conduct.

Wunderlich Securities Rechristened As B. Riley Wealth Management

by

The firm will be folded into B. Riley’s wealth management unit.

A Retirement Perk For Deeply In Debt Millennials

by

Abbott Labs is making 401(k) contributions for workers who put at least 2% of their salary toward student loan payments.

Final Bids For Cetera Due July 2

by

The price is expected to be at least $1.3 billion to buy the network of six independent B-Ds and about 8,000 reps.

Morgan Stanley Hires Artificial Intelligence Expert

by

CEO James Gorman has made new technologies a top priority at Morgan Stanley.

Confused About Where Pot Is Legal? This Lawyer Holds The Key

by

This Fox Rothschild attorney specializes in helping clients understand pot laws and provides regular public updates.