InvestmentNews

InvestmentNews
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SEC charges barred ‘adviser’ with fraud
REGULATION AND LEGISLATION JAN 08, 2020
SEC charges barred ‘adviser’ with fraud

Thomas Renison, who was barred by the SEC in 2014, raised $6 million in scam

Nationwide offers app helping consumers deal with debt
FINTECH JAN 08, 2020
Nationwide offers app helping consumers deal with debt

‘Owe is me,’ according to Nationwide survey, which shows almost half of Americans are stressed by debt

SEC bars broker connected to Dawn Bennett scam
REGULATION AND LEGISLATION JAN 08, 2020
SEC bars broker connected to Dawn Bennett scam

Bradley Mascho, formerly with Western International Securities, agrees he abetted fraud

Finra bars two no-show brokers
REGULATION AND LEGISLATION JAN 07, 2020
Finra bars two no-show brokers

Shlomo Strugano and John Chrysadakis allegedly falsified documents

Blucora to acquire $4.4 billion RIA based in Iowa
RIA NEWS JAN 07, 2020
Blucora to acquire $4.4 billion RIA based in Iowa

Parent of the former HD Vest specializes in tax-oriented wealth management

Franklin Templeton unit to acquire $6 billion Athena Capital Advisors
RIA NEWS JAN 07, 2020
Franklin Templeton unit to acquire $6 billion Athena Capital Advisors

Massachusetts-based RIA will become part of Fiduciary Trust Co. International

January 6, 2020
DIGITAL ARCHIVE JAN 06, 2020
January 6, 2020

Mass Mutual team managing $460 million affiliates with LPL
RIA NEWS JAN 06, 2020
Mass Mutual team managing $460 million affiliates with LPL

Twenty-Four Wealth Management will also use Stratos Wealth Partners

Judge throws out suit that aimed to block Schwab acquisition
REGULATION AND LEGISLATION JAN 03, 2020
Judge throws out suit that aimed to block Schwab acquisition

RIA BlackCrown violated procedure by filing antitrust lawsuit without attorney

Finra slaps Cambridge with $150,000 fine over UIT sales
REGULATION AND LEGISLATION JAN 02, 2020
Finra slaps Cambridge with $150,000 fine over UIT sales

Also censures firm, again, for not paying discounts to eligible customers