In the latest comeback attempt for the storied brand, the owners of EF Hutton are launching a new website Wednesday that provides “automated financial services for clients 24/7 and with customized services.” Sounds like a robo?
Bank of America Corp.’s Merrill Lynch unit was fined $12.5 million to settle allegations that the broker’s weak controls led to multiple orders being sent to markets, resulting in mini-flash crashes....More
PIMCO must turn over some records sought by its former star bond fund manager Bill Gross, who is pursuing a $200 million lawsuit claiming he was forced to resign so that his bonus could be divided among others....More
Financial Exams Corner
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