Financial Advisor

Wells Fargo Clearing Fined $1.25M For 493 Muni Bond Trade Violations

The violations, which involved $14.4 million in securities, took place over a seven-year timeframe, Finra said.
Pensacola News Journal

tZERO’s Strengthens its Institutional Infrastructure Footprint in Crypto Asset and Traditional Securities, Now Offers Correspondent Clearing Services to Other Broker-Dealers

tZERO’s broker-dealer is one of only two in the United States to support crypto securities custody and is now a leading provider of institutional custody to other firms that are not approved to ...
JD Supra

SEC Amends the Customer Protection Rule to Require Daily Reserve Formula Computations for Large Clearing/Carrying Broker-Dealers

On December 20, 2024, the Securities and Exchange Commission (SEC) issued a final rule amending SEC rules 15c3-3 (the customer protection rule) and 15c3-1 (the net capital rule). The SEC also amended ...
CNN

Vestmark Partners with Axos Clearing, Empowering Firm's Broker-Dealer & RIA Customers with Access to VestmarkONE® Platform

WAKEFIELD, Mass., April 9, 2020 /PRNewswire/ -- Vestmark, Inc. announces that it has entered into a strategic marketing agreement with Axos Clearing LLC, which will provide the full-service clearing ...