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 ...

Apex Clearing Corp. will pay $3.2 million in fines to the Financial Industry Regulatory Authority for violations related to its securities lending program. This is FINRA’s first enforcement action for ...

Securities-backed lending, also sometimes referred to as "stock loans," is a financial strategy that allows you to use your securities to secure a loan. In 2023, securities lending revenue exceeded ...

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. With Sharegain, Freetrade was able to launch its securities lending ...

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 ...

(Reuters) - Northern Trust Corp has agreed to pay $60 million to settle lawsuits over claims that the financial services institution imprudently managed its securities lending program, resulting in ...

Securities lending clients will now be able to invest cash collateral under SRI principles that consider environment, social, and governance (ESG) factors. Citi’s solution was developed in partnership ...

NEW YORK, April 8 (Reuters) - The U.S. Federal Reserve may further lift the fee on its securities lending program in a bid to encourage bond dealers to rely more on the market instead of the Fed to ...