Finra Sanctions Merrill Lynch Over UIT Rollover and Compliance Issues

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Finra Sanctions Merrill Lynch Over UIT Rollover and Compliance Issues

Merrill Lynch agreed to pay more than $11 million to settle allegations that it had supervisory failures involving unit investment trusts, a niche investment product that has come under regulatory scrutiny. Finra, a Wall Street regulator, said 3,000 Merrill Lynch …
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Paul Hastings-led PE firm sells software maker to Rockwell Automation

Rockwell announced the deal on Friday as the Milwaukee, Wisconsin-based industrial automation equipment maker looks to boost its revenue from cloud offerings. Many industries have seen a push to automate their operations and manage their …
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Connecting the Dots | Space after SPACs: Industry could be on the verge of new investment era

However, more scrutiny over how SPACs operate, stemming from accounting guidance released by the SEC financial regulator April 12, have
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GlaxoSmithKline taps Goldman, Citi to advise on consumer unit spinoff – Bloomberg News

… against a potential activist campaign from Elliott Investment Management, Bloomberg News reported on Friday, citing people familiar with the matter.
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As Florida averages 1696 new cases per day, Orange County sees first cases of delta variant

The delta variant is highly transmissible, but health officials say current vaccines are able to protect against it. The Biden administration is urging anyone who has not been vaccinated yet to receive a …
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