Earlier this week, Massachusetts Secretary of the Commonwealth William Galvin sent subpoenas to six firms, requesting info on high-risk offerings. Execs at several of the firms still aren't exactly sure why they were contacted
In an age of automation, broker-dealers interested in alternative investments -- hedge funds, LLPs,, non-traded REITs and the like -- still rely on phone calls and faxes to conduct transactions. A new platform could change all that.
Plying a path that sometimes has proven perilous, DeWaay Financial is staking its claim in the marketplace by offering financial advisers and their wealthy clients access to high-stakes private-equity, venture-capital and investment-banking deals.
The SEC charges of fraud against Goldman Sachs & Co. are giving renewed hope to financial advisers who want the fiduciary standard included in financial-reform legislation pending in Congress.
Regulator charged McGinn Smith with “misusing” investors' funds in the sale of $89 million in private notes
Colorado regulators alleged that Mr. Guyette sold private placements to a number of investors with whom he did not have a substantial prior relationship.
The financial industry watchdog says this may be just be the begining in a crackdown on private placements
Local regulators gain a little, lose a little, in their battle with the SEC over who regulates private placements
Edward Jones lost two million-dollar producers in the span of a month. That's a surprise -- given the firm's reputation for holding on to top talent.
Upstart independent broker-dealer DeWaay Financial Network LLC has landed another top independent registered rep.
