UBS to Pay $10 Million for Retail Muni Bond Violations

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UBS to Pay $10 Million for Retail Muni Bond Violations

UBS Financial Services agreed to pay more than $10 million to resolve charges that it circumvented procedures aimed at giving retail investors priority allocations in certain municipal bond offerings, the Securities and Exchange Commission said on Monday.
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Potbelly gets a new president and CEO

Potbelly, best known for operating sandwich shops nationally, announced today Robert Wright will succeed Alan Johnson is its new president and CEO. He will join the board of directors. With 30 years of restaurant management experience, Wright previously …
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Former Ameriprise Advisor Took Millions From Older Clients: SEC

The Securities and Exchange Commission on Monday charged a former registered rep and advisor for stealing millions from older clients’ brokerage and advisory accounts, including money held in 529 accounts, via falsified documents. According to the …
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Massachusetts bars and restaurants can now sell cocktails to go

No more being forced to play bartender at home: On Monday afternoon, Governor Baker passed a bill that allows Massachusetts bars and restaurants to sell cocktails to go. Bill S.2812, also known as “An act to expand take-out/delivery options in response to …
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August Natural Gas Futures Dive Lower Following Forecasts for Easing Heat Intensity

Absent other demand catalysts, a modest pullback in the intensity of heat expected by forecasters was enough to push down August natural gas futures on Monday as coronavirus concerns and worries about meager export levels lingered. The August Nymex …
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