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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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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During the first quarter of 2013, thirteen merger and acquisition deals of registered investment advisors, representing $5.8 billion in assets, were completed.
So reports istockanalyst.com. It was the highest level of activity since the first quarter of 2012, according to data compiled by Schwab Advisor Services.