J.P. Morgan to Pay $150M to Settle Slew of SEC Charges

Published on November 1, 2024

In one case, the firm agreed to pay $45 million to settle charges that it didn’t disclose financial conflicts regarding a portfolio management program to clients.

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Tech Giants Are Set to Spend $200 Billion This Year Chasing AI

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Three months ago, Wall Street punished the world’s largest technology firms for spending enormous amounts to develop artificial intelligence, only to deliver results that failed to justify the costs.

B. Riley to Sell Portion of Wealth-Management Unit to Stifel

November 1, 2024
The transaction doesn’t include B. Riley’s roughly 190 independent advisers or its 90 tax professionals.