Citigroup, Wells Fargo and Goldman Sachs have made similar commitments while JPMorgan and Bank of America have so far avoided making any comments.
March 27, 2020
- Merrill Gives FAs More Time to Qualify for Pay Boost
- Wells Fargo to FAs: Performance Goals Due Soon Despite Pandemic
- Wells Fargo Gives Employees Extra Pay, Shuts Some Branches
- BofA, JPMorgan Paying Extra for Staff Who Can’t Work Remotely
- Coronavirus Forces JPMorgan to Freeze Hiring: Reports
- New Jersey Drops Registration Requirements for FAs Working from Home
- Finra Extends Filing, Qualification Exam Deadlines
- CFA Institute Delays June CFA Exams to December
- CFPs Offer Pro Bono Financial Planning Amid Coronavirus Pandemic
Donald Hunter allegedly failed to disclose to investors that he was setting the price of shares he was selling to a private fund they had invested in.
While working remotely because of the coronavirus pandemic, advisors must make sure they don’t drop the ball when it comes to client servicing.
A customer claimed that her now-deceased husband and a Stifel broker conspired to empty accounts she should have had access to.
The wirehouse says the issue was caused by a problem with an outside software provider and has since been resolved.
The Financial Services Institute says its members have been busy enacting business continuity plans and may not have adequate time to prepare for the June 30 compliance deadline of the SEC’s new regulation.
The self-regulator says it is taking the necessary precautions to mitigate any health risks amid the coronavirus pandemic.
Investment performance was the key driver of overall satisfaction.
The regulator also dropped the requirement that RIAs explain why they need the relief.