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Next Level Holdings and Yield Ä¢¹½´«Ã½alth Under Federal and State Investigation

January 3rd, 2025 at 12:06 PM
Federal and state authorities are investigating Next Level Holdings and Yield Ä¢¹½´«Ã½alth, two investment firms accused of offering high-yield financial products now facing significant turmoil, according to the Wall Street Journal. 
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Goldman Sachs Launches First-of-its-Kind Bond Securitization

January 2nd, 2025 at 11:40 AM
Goldman Sachs recently introduced a $475 million asset-backed securitization (ABS) deal backed by capital-call loans, a type of financing Goldman provides to fund managers for immediate capital access.
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Understanding Alternative Investments and Risk Management

December 23rd, 2024 at 3:13 PM
Alternative investments once again are gaining traction, according to a recent article in InvestmentNews. 
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FINRA Sanctions Over 60 Advisors for Continuing Education Violations

December 20th, 2024 at 5:17 PM
FINRA has disciplined 62 advisors for cheating on New York’s continuing education (CE) requirements tied to insurance license renewals. 
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GPB Capital Investors See Progress as Court Confirms Receivership

December 19th, 2024 at 1:08 PM
In a significant development for investors in GPB Capital Holdings, the private equity firm will move into receivership following a prolonged legal battle.
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SEC Fines Cantor Fitzgerald $6.75 Million for Misleading SPAC Investors

December 18th, 2024 at 10:53 AM
The Securities and Exchange Commission (SEC) has charged Cantor Fitzgerald, L.P. with causing two special purpose acquisition companies (SPACs) under its control to make misleading statements to investors before their initial public offerings (IPOs). 
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Former Ä¢¹½´«Ã½stern Asset Management Co-CIO Charged with Fraud for Cherry-picking Trades

December 17th, 2024 at 10:58 AM
The SEC recently charged Ken Leech, former Co-CIO of Ä¢¹½´«Ã½stern Asset Management, with fraud. 
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Ä¢¹½´«Ã½lls Fargo Advisors Tightens Rules on FiNet Advisors' Outside Investments

December 16th, 2024 at 11:22 AM
Ä¢¹½´«Ã½lls Fargo Advisors has introduced a new policy requiring advisors in its Financial Network (FiNet) channel to seek company approval before accepting certain outside investments. 
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Merrill Lynch Advisor Penalized for CFP Exam Misconduct

December 13th, 2024 at 9:15 AM
Jeffrey Dattilo, a former Merrill Lynch advisor, has agreed to regulatory penalties for allegedly providing improper assistance to others taking the Certified Financial Planner (CFP) exam.
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Paychex Securities Advisor Penalized for Undisclosed Referral Agreement with RIA

December 13th, 2024 at 8:59 AM
A former advisor has agreed to a $7,500 fine and a six-month suspension following allegations of failing to disclose a referral agreement with an outside registered investment advisory (RIA) firm.
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