Monthly Archive: January 2024

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FINRA Sees Spike in ‘Investment Group’ Frauds on Social Media

The Financial Industry Regulatory Authority says it’s seeing a “significant spike” in investor complaints of recommendations made by fraudulent “investment groups” promoted through social media channels. Complaints received by FINRA and posted on social...

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CBN Announces Newest Member

CBN Announces 2024 Membership Expansion with Addition of its Newest Member Toronto, ON (Jan. 10, 2024) – Canadian Broker Network (CBN), Canada’s leading network of independent insurance brokers, is pleased to announce its 2024...

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2024 And Beyond: Change Becomes Non-Negotiable

by Stephen Applebaum and Alan Demers — We cannot imagine a riskier undertaking than predicting the future given the totally unforeseeable events of recent years, the current state of the insurance industry and the...

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Morgan Stanley to Pay $249M to End Block Trade Probes

Passi’s attorney, George Canellos, said he was pleased the government didn’t pursue a criminal conviction of his client. “The settlements allow Mr. Passi and his family to move past two very difficult years of...