FINRA’s National Fraud and Financial Crimes Detection Programs has sent 50 cases to the SEC involving potential fraud by public companies related to COVID-19. So reports Think Advisor.
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Securities and Exchange Commission Chair Mary Jo White is proposing a host of reforms for…
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The Financial Industry Regulatory Authority has warned its member firms that claiming IRA are free…
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While market bulls are understandably cheering the ongoing equity rally off of 2009 lows, the…
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Smart beta funds are one of the hottest trends on Wall Street and are generating…
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A recent Government Accountability Office report maintains that 401(k) providers…
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The Department of Housing and Urban Development has changed principal…
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Since the turmoil that seized the banking sector with the mid-March failure of Silicon Valley Bank, at least 21 advisors have left First Republic Bank, with 13 heading to Morgan Stanley. So reports AdvisorHub.
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Private equity group Reverence Capital Partners is courting suitors for a minority stake in wealth…
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The NFL Players Association has approved UBS to work with current and former players through…
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As the battle for Wall Street talent continues to rage, even some interns are seeing their compensation soar. So reports Financial Advisor.
Intern pay jumped 37.2% at top global investment firms, while it rose 36.9% at large banks, according to Wall Street Oasis. Wall Street banks are not just competing with each other for talent–they also up against private equity firms that pay more and tech firms and other industries with more casual and flexible workplaces.
For example, trading firm Jane Street is paying its interns $16,356 a month.
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