InvestmentNews1d
Commonwealth clocks big win in battle with SEC over revenue sharing
The six-year long legal battle between Commonwealth Financial Network and the Securities and Exchange Commission over the ...
Financial Planning2d
Commonwealth wins appeal of $93M SEC penalty ahead of LPL purchase
A court of appeals agreed with Commonwealth's contention that a jury should decide if investors were harmed by investment ...
Commonwealth Financial $93 Million to SEC Pulled on Appeal (2)
Commonwealth Financial Network doesn’t have to pay the SEC over $93 million for purportedly paltry disclosures of its revenue ...
Financial Advisor2d
Commonwealth Wins Reversal Of $93M SEC Award Over Revenue-Sharing
Commonwealth Financial Network, one of the country's largest broker-dealers, has won the reversal of $93 million enforcement action brought against it by the Securities and Exchange Commission over ...
Financial Advisor IQ3d
Commonwealth's $93M Rev-Sharing Judgment Struck Down
A federal appeals court has struck down a $93.3 million judgment against Commonwealth Financial Network over alleged revenue-sharing disclosure breaches and remanded the case to federal district court ...
LPL Financial Announces Proposed $1.5 Billion Common Stock Offering
LPL Financial Holdings Inc. (NASDAQ: LPLA) (together with its subsidiaries, including LPL Financial LLC, “LPL Financial” or “LPL”) today announced that it has commenced an underwritten public offering ...
LPL Financial Announces Pricing of Its Common Stock Offering
LPL Financial Holdings Inc. (NASDAQ: LPLA) (together with its subsidiaries, including LPL Financial LLC, “LPL Financial” or “LPL”) today announced the pricing of an underwritten public offering of ...
Commonwealth Equity Services LLC Boosts Stake in Rocket Companies, Inc. (NYSE:RKT)
Commonwealth Equity Services LLC lifted its position in Rocket Companies, Inc. (NYSE:RKT – Free Report) by 27.6% in the 4th quarter, Holdings Channel reports. The fund owned 143,987 shares of the ...