RCS Capital intends to make another round of bankruptcy filings that will include broker-dealer holding companies of its Cetera Financial Group firms.
Firm agreed to leave more than 40 senior staffers alone until September or until RCS Capital's bankruptcy plan becomes effective.
Massachusetts securities division examining independent broker-dealers that sold RCS alternative investments such as nontraded REITs.
RCS was recently closed after paying Massachusetts $3 million to settle charges that it fraudulently rounded up proxy votes for real estate deals.
Private-equity giant Apollo Management has agreed to pay $25 million for the wholesaling business of broker-dealer holding company RCS Capital (RCAP). In a separate deal, the company's largest shareholder, Nicholas Schorsch, and his partners will receive a huge payday in return for a stake in a new ...
SEB S.A.: Monthly Disclosure of the Total Number of Shares and Voting Rights – 31.08.2016
Exchange warning on share price comes as Massachusetts securities cop Galvin charges its wholesale brokerage, Realty Capital Securities, with proxy fraud .
Brokerage firm previously controlled by Nicholas Schorsch expects to have third-quarter loss due to impairment of goodwill and intangible assets.
Group focuses on mainstream and alternative investments such as nontraded REITs.
Industry vet replaces Michael Weil, longtime associate of Nicholas Schorsch.