We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Envestnet's managed account features are now integrated into Axos Clearing's Axos Complete portal, providing hybrid firms and registered investment advisors access. Molly Weiss, Envestnet's group ...

Almost 90% of sell-side clearing managers believe the proposals will increase costs for their clients, an Acuiti report has found. Around two thirds of sell-side clearing managers do not support the ...

Proposal to draw Euro clearing back to the Bloc via active clearing accounts with European CCPs has proved divisive with participants who claim the move could be anti-competitive. A committee of ...

Clearing brokers pair buyers and sellers, act as the trade clearing and settling principal, ensure the delivery of securities and report trade data. Some larger clearing brokers offer services that ...

As neobanks like Wyoming-chartered Custodia are suing the Federal Reserve to obtain a master account, the state of Texas and a special-purpose entity established by the state of Tennessee and other ...

Specialist barrister Noel Davis explains the ramifications of the latest AAT decision relating to excess contributions and why trustees, members and employers should all be concerned. The practice of ...

COLUMBIA, S.C. In recent weeks, Senate budget writers investigating a large accounting mistake that led to the resignation of the state’s top accountant, are now looking into how the state accumulated ...

A federal jury has deadlocked in a trial to determine if Umpqua Bank abetted a Novato-based financial scheme that bilked some 1,200 investors out of more than $250 million. The three-week trial ...

Clearing volumes are rapidly increasing, driven by a unique mix of regulatory mandates, evolving clearing programs and new best practices, paving the way for pivotal changes in 2025. Organizations ...

Platforms looking for virtual IBAN providers with AED support face a fragmented market. Some providers issue named customer accounts, others only handle payouts, and most virtual IBAN comparison ...

A federal jury has deadlocked in a trial to determine if Umpqua Bank abetted a Novato-based financial scheme that bilked some 1,200 investors out of more than $250 million. The three-week trial ...