The regulator sanctioned the broker-dealer for violations related to its marketing of securities it had underwritten and failings related to sales of GPB private placements.
The bank joins a long list of financial backers funding the $130 billion tech-savvy platform for investing in alternatives.
Financial advisers say clients are asking about alternatives to the standard investments in stocks and bonds.
United Planners' Financial Services was negligent in 2018 when it failed to inform clients that GPB had missed a deadline for filing financial information, according to Finra.
Fewer Bitcoins are being moved to exchanges from so-called cold wallets — offline stores of the digital asset — for potential sale.
The former Onramp exec is more bullish than ever on digital assets, which is why he's launching new businesses to capitalize on the trend.
When wholesalers leave a broker-dealer en masse, it's a signal that the firm's efforts to sell more product and generate more revenue could be greatly hampered.
Rep. Richard Neal, chairman of the House Ways and Means Committee, asked the Government Accountability Office to assess the use of cryptocurrency investments in 401(k) plans.
Bitcoin, the largest token, has fallen for nine straight days, the longest losing streak since 2014.
Treasury chief says it would be reasonable for Congress to regulate what assets could be included in tax-favored retirement vehicles.
Bill Hamm of IFP Securities said the SEC started its inquiries last year into broker-dealers that had sold GWG bonds.
The crypto offering, still in its early development, could be available late this year or early next.
While chances of passage are slim ahead of November’s midterm elections, it could act as a starting point for negotiations next year.
The blockchain infrastructure company is launching a business aimed at introducing cryptocurrency across a broker-dealer's workforce of financial advisers.
Even with the recent recoveries in the stock and bond markets, the classic 60/40 split may be a thing of the past, and some argue alternatives are the future.
ForUsAll, a 401(k) provider that specializes in alternative investments, alleges that Labor exceeded its authority by trying to institute an effective ban.
John Sherman Jumper, a 17-year veteran of the securities industry, was based in Memphis, Tennessee.
Blackstone's CEO says the firm sees a 'huge' opportunity with retail investors and advisers, while a Morgan Stanley executive talked about recent and potential acquisitions.
A Financial Planning Association survey finds rising rates of advisers planning to increase and decrease ESG use this year.
Marc Korsch, who was booted from the securities industry last year, has a staggering 33 disclosure items on his BrokerCheck report.
