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Top News In Client Money Today - Breaking & Trending Today

Schwab Says TD Ameritrade Deal Spurring Retail, Advisory Attrition - Vimarsana News

Schwab Says TD Ameritrade Deal Spurring Retail, Advisory Attrition

(Bloomberg) -- Charles Schwab Corp. said it’s experiencing temporarily lower net flows of client money as the brokerage sees attrition of some retail and advisory clients’ assets while it integrates TD Ameritrade into its business.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOutsider Milei Upends Argentina’s Election With Primary WinZuckerberg Says ‘Time to Move On’ From Musk Cage FightUS Steel Soars After It Rejects $7.25 Billion Cliffs BidStocks Cling to Gain

Source: yahoo.com
A lawyer allegedly pilfered his clients' settlement funds. Now, he's charged with fraud. - Vimarsana News

A lawyer allegedly pilfered his clients' settlement funds. Now, he's charged with fraud.

Authorities say that, rather than take his share of the settlement money and pay out the rest, Leach drained the accounts for flights, hotels and meals.

Source: yahoo.com
UK: An alternative way to deal with unclaimed client money? The FCA consults on expansion of the dormant assets scheme | Hogan Lovells - Vimarsana News

UK: An alternative way to deal with unclaimed client money? The FCA consults on expansion of the dormant assets scheme | Hogan Lovells

On 22 May 2023, the FCA published a consultation paper (CP23/12) on the second phase of expanding the Dormant Assets Scheme. The Dormant Assets Scheme was initially set up to allow...

Simplifai's AI tool; Howden's telematics app; A-One joins Brokerbility - Vimarsana News

Simplifai's AI tool; Howden's telematics app; A-One joins Brokerbility

Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.

Clients' Money Regulations - Vimarsana News

Clients' Money Regulations

ICAEW’s Clients' Money Regulations apply to all offices of firms in the UK and Ireland. Every principal will be responsible for any breach.

Source: icaew.com