- Reuters•5 days ago
The Financial Industry Regulatory Authority fined Prudential Annuities Distributors $950,000 on Tuesday for failing to prevent the fraudulent withdrawal of nearly $1.3 million from an elderly annuity holder's account by her financial officer. Frederick, Maryland-based financial sales assistant Travis Wetzel was convicted of wire fraud and money laundering in 2015 and sentenced to 42 months in prison for forging annuity withdrawal requests on his 82-year-old client's account. The client's name has been kept secret in court and FINRA documents to protect her identity.
- The Wall Street Journal•5 days ago
Canada’s Sun Life Financial and Malaysian sovereign-wealth fund Khazanah Nasional are in discussions to buy majority stakes in two Malaysian life insurers in a deal worth around $800 million.
After hours: 35.00-0.06 (-0.17%) as of 5:16 PM EDT
|Bid||33.10 x 100|
|Ask||35.98 x 100|
|52wk Range||29.14 - 48.54|
|Day's Range||34.79 - 35.11|
|Avg Vol (3m)||740,282|
As of 4:02 PM EDT. Market closed.