WASHINGTON--(BUSINESS WIRE)--FINRA has fined Apex Clearing Corporation $3.2 million for violations related to its fully paid securities lending program. This is the first time FINRA has charged a firm ...
In a stock market that has become a bit of a wild ride, a little bit of income can go a long way. Securities-lending programs, once the purview of institutional investors, can provide some extra cash ...
It's been roughly a week since TIAA Wealth Management announced a partnership adding a securities-backed line of credit to the services it offers. And according to one of its leaders, that move ...
WASHINGTON--(BUSINESS WIRE)--FINRA announced today that it has sanctioned four firms—M1 Finance LLC, Open to the Public Investing, Inc., SoFi Securities LLC, and SogoTrade, Inc.—a combined $2.6 ...
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Securities lending enables earning from stocks by renting them out, not selling. It underpins short-selling, providing essential market liquidity and enabling profit via price drops. Brokerages ...
MANILA, Philippines — The Philippine Stock Exchange Inc. (PSE) is seeking to amend its rules on securities borrowing and ...