Summary: A multi-million dollar FINRA arbitration claim was filed against LPL Financial, LLC and Wells Fargo Clearing Services, LLC alleging improper supervision of a registered representative resulting in damages. The claim mentions inappropriate options trading, overconcentrated stock positions, and inappropriate movement of money between accounts.
Full articleSummary: Target announced price cuts on thousands of household items to stay competitive as inflation persists and Walmart emerges as a strong rival. Target stock fell along with Walmart stock, which is now in buy range. Other discounters like TJX Cos. and Dollar General also retreated.
Full articleSummary: Indian rupee edges up marginally as dollar index rises above 104.5 on recent losses, traders eye gains in local equities with NSE Nifty index soaring sharply.
Full articleSummary: Former Wells Fargo Advisor broker barred by FINRA after being accused of theft by former employer
Full articleSummary: Indian Rupee (INR) weakening against USD on Wednesday due to USD demand. Positive outlook for Indian economy might support INR and limit pair's upside. Investors are focused on US March Durable Goods Orders, with future attention on US GDP data and PCE Index.
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