Client service associate Patricia Olivieri alleges the company didn’t properly investigate an executive after he put his hand on her buttocks and told her stories about rape and his sex life.
Provisions under the SEC’s new advertisement rule for advisors may not do enough to bolster business and may be more beneficial for larger firms, consultants and marketing specialists say.
The bank says it will halt all political contributions for the foreseeable future in light of last week’s events, joining Morgan Stanley, Bank of America and JPMorgan.
JPMorgan Chase will pause donations for six months and Citigroup through March 30, while Goldman Sachs is freezing donations and analyzing how politicians have acted through the presidential election.
The "first place that firms are getting into trouble is that they are not appropriately evaluating the regulatory posture of what they're considering," says Carlo di Florio, chief services officer at ACA Compliance.
Carl Levin writes in the Financial Times that high-speed traders must be getting better prices than what they’re offering the customers of brokerages they’re paying for the orders.