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For the first time since 2017, financial services giant Fidelity Investments is thinning its ranks, with the Boston-based firm cutting approximately 700 jobs earlier this month. https://t.co/P6yT6jLrya
A brokerage app hired an army of 1,700 influencers and misled investors on social media, regulators say—and it just got slammed with a massive fine. https://t.co/tY40I1xcdY
The Financial Industry Regulatory Authority (FINRA) has initiated an incentive program to prompt employees to voluntarily exit early from their jobs and reduce its headcount, a spokesperson confirmed.
The Financial Industry Regulatory Authority (FINRA) settled its first formal enforcement disciplinary action with financial services provider M1 Finance, fining them $850,000 for misleading posts by social media influencers. Additionally, FINRA has initiated an incentive program to reduce its headcount by prompting employees to voluntarily exit early from their jobs.
