Industry

This is FINRA’s first enforcement action for violations of Rule 4330, which established requirements for the borrowing of customers’ fully paid or excess margin securities.

The association is mourning former CEO Mahoney, who passed away Saturday, while implementing a planned search process for his successor.

Denver-based Mercer Global Advisors announces acquisition of Financial Partners Group, expanding its presence in Nashville metro area.

Advisor David A. Schneider in New York City has left Cambridge after 17 years with the broker/dealer.

The automated note-taking and workflow provider is working with many RIAs and is already an approved LPL vendor.

The Zelin Group and its five advisors made the move after the lead partner, Jonathan Zelin, had been with Merrill for more than seven years.

The investment manager, who will advise on investments and financial products for Truth.fi, has a prior relationship with Trump Media and beat out SEC allegations of falsifying investment results in 2018.