Twitter tanks and becomes fodder for M&A chatter again
Finra orders the firm to pay $7.3 million for selling billions of unregistered microcap shares and having inadequate supervisory policies.
RCS was recently closed after paying Massachusetts $3 million to settle charges that it fraudulently rounded up proxy votes for real estate deals.
Just as the two-year-old wealth management venture of Cantor Fitzgerald & Co. has been looking to regroup after a slow recruiting year and the departure of two top executives, a third senior executive has left.
Sources say Stanley Gregor, who helped build Cantor Fitzgerald Wealth Partners, is leaving almost two years after the unit's launch.