TD Ameritrade will be acquiring its fellow discount brokerage Scottrade Financial Services in a $4 billion cash and stock transaction that TD describes as “a good strategic and financial fit for us” that will bring together complementary organizations that can bolster their investment guidance, planning and advisory services, including “robo” advice. “For TD Ameritrade, the… Read More >>
FINRA Cracks Down on Deutsche Bank Securities, Scottrade
While alleged acts of fraud by Wall Street firms have gotten the spotlight this year, financial services regulator, the Financial Industry Regulatory Authority (FINRA), is making the point with some firms that they need to maintain high standards for regulatory reporting and for keeping their books and records as specified by industry watchdogs. Most recently,… Read More >>
