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August 16, 2018

Don’t Judge Me! Brokers With Disclosures Aren’t All Bad, Says Big Employer
Firms may avoid hiring FAs with disclosures on their records, but employers consider the nature of each event first, sources say.
Broker and His Firm Charged on Improper UIT Trades
StockCross Financial Services and Peter Cunningham allegedly earned $750,000 from short-term trading in the product.
JPMorgan to Close Foreign Retail Clients’ Investment Accounts
The move does not affect clients in the company’s private bank.
Mercer Acquiring WM Business of Pavilion Financial Corporation
The consulting firm is also acquiring Pavilion’s investment consulting and alternatives consulting operations.