Firms Failed To Adequately Monitor For Suspicious Trading Activity
The Financial Industry Regulatory Authority (FINRA) announced today that it has imposed a $1 million fine against E*Trade Securities, LLC and E*Trade Clearing, LLC, collectively, for failing to establish and implement anti-money laundering (AML) policies and procedures that could reasonably be expected to detect and cause [...]

Adding to Fixed Income Line-Up, Broadening Sector Exposure to Investors
Calvert, an investment management firm, today announced the launch of the Calvert Government Fund (CGVAX). The new fund adds to Calvert’s taxable fixed income line-up for a total of 9 funds, broadening investors’ options across a broader range of sectors. It is managed by Calvert’s [...]

Resampled Efficiency™ and Other New Features Added in Response to Customer Needs
Fiduciary360 (fi360) has released its much anticipated Platinum Toolkit, the next-generation version of its Web-based, analytical and reporting software for investment professionals. The highly regarded software provides users with the greatest measure of flexibility yet, arming advisors with the tools they need to [...]

Blanco, David Hinsley to Co-Head Latin American Capital Markets and Institutional Sales
Deutsche Bank today announced the appointment of Marcelo Blanco as Chief Country Officer of Deutsche Bank in Argentina. Blanco will be based in Buenos Aires and report to Seth Waugh, CEO of Deutsche Bank Americas, and Dalinc Ariburnu, Global Head of Emerging Markets [...]