Tag: US broker dealer

January 10, 2014 BY Gerald Segal

Two Stifel companies pay $1 million for sales practices of leveraged products

Both companies failed to mitigate increased risks associated with Inverse and leveraged ETFs A press release has been issued by the Financial Industry Regulatory Authority (FINRA) regarding a decision to fine two Saint Louis based broker-dealers both owned by Stifel Financial Corporation. Stifel, Nicolaus & Co. and Incorporated and Century Securities Associates are to pay…

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January 02, 2014 BY Gerald Segal

KCG completes consolidation of Knight Capital and GETCO into KCG Americas

KCG’s broker-dealer sub joins KCG Hotspot (formerly Hotspot FX) under the KCG brand The independent securities company KCG has announced in a press release today that it successfully completed the consolidation of both of its US broker-dealer operations Knight Capital Americas LLC and GETCO into a single entity named KCG Americas LLC (KCA). The company…

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