Robinhood was criticized for its use of gamification strategies to attract young investors in a complaint filed by the Massachusetts Securities Division that alleged the fintech manipulated its customers, many of whom are novice investors, into excessive trades.
Social Finance Inc. is planning for takeovers after agreeing to go public in a merger with a blank-check company that values the upstart at around $8.7 billion.
The popularity of cryptocurrencies is gaining steam, with large industry players ramping up offerings tailored to institutional investors, but growing investor demand is expected to soon spill over to financial advisers.
A look back at 20 events that rocked financial advisers and their clients, and helped shape our profession.
Changes are designed to help investors understand how the B-D routes their order and how that affects execution quality.
As chairman, he succeeds Bill McNabb.
A cost-of-living adjustment also raises IRA contribution limit to $6,000.
Stocks slide follows a very subdued third quarter
Integrated Equity Management is based in Bloomington, Minn.,
Michael Kernicky and his two sons join the firm in Media, Pa.
