People

The SEC said BKCoin and its co-founder, Min Woo "Kevin" Kang, which had allegedly raised nearly $100 million from investors, violated securities laws by making “Ponzi-like” payments.

The bank filed a petition asking a federal court to overturn the award to James D. Garrity, who worked for Credit Suisse for 15 years before joining Morgan Stanley in 2015. 

The commission charged Kevin Kane and Sean Michael Kane for defrauding clients after they were fired from Waddell & Reed by telling them they left voluntarily.

Falcon, with more than $500 million in assets under management, has made its first acquisition as the firm considers taking on a capital partner.

Tax benefits are typically secondary factors with large gifts.

Su, 54, led California’s labor department before joining the Biden administration as deputy labor secretary.

Financial advisor John Poulos was fired from Vanguard and stripped of his CFP designation after being arrested for a homicide near Bogota, Colombia. He was caught in Panama on his way to Turkey, according to reports.

Keith Glenfield will take over Hans’ previous position as head of the firm’s Northeast division, while Nancy Fahmy will oversee Glenfield’s Investment Solutions division while also continuing her role heading Alternative Investments.

The private equity pioneer, who died last week by self-inflicted gunshot wound, evokes memories of being generous with both his time and money.

Based on the work of a small cadre of holistic financial planners and therapists, more advisors are tuning in to the psychology of money.