Industry News

There’s an app for that

How advisors can adapt and thrive in the 21st century

By Lisa MacColl |July 23, 2012

3 min read

Profits sliding for U.S. blue chips

Wall Street analysts are scaling back their growth expectations for the largest U.S. companies; an early warning sign the country is hovering on the edge of a recession, reports the Financial Times. They predict the revenue of leading U.S. blue chip companies will rise at an annual rate of 1%-to-1.5% during the third quarter of […]

By Wire services |July 23, 2012

2 min read

Broker plows through FINRA guardrail

Former stockbroker Patrick Alan Deramus was charged with a DUI, but took eight months to report the felony to his now former employer, FSC Securities Corporation. Read: Professionals failing to report fraud On March 12, 2010, FSC filed an amended Form U4 reporting Deramus’s felony charge and conviction. Immediately after, Deramus was subject to statutory […]

By Staff |July 20, 2012

1 min read

Fraud Friday: Scammers of the week

Authorities had a hectic day. They dealt some hefty penalties to several associates for fraudulent activity. Here’s our roundup of the scammers and scoundrels. 3 B.C. men illegally traded securities A British Columbia Securities Commission panel has found three B.C. men, along with a parking technology company, illegally distributed securities. They raised approximately $3.5 million […]

By Staff |July 20, 2012

1 min read