stockbroking

Sanlam UK is set to acquire wealth management firm Merchant Securities for £12.247m as it looks to further expand its UK footprint.

JPJShare.com, the execution-only stockbroker owned by Rivington Street Holdings, has launched a fund platform.

Execution-only stockbroker JPJShare.com, a subsidiary of the Isle of Man company Rivington Street Holdings, has launched a SIPP with no annual management charge (AMC).

Stockbroker and investment managemer Charles Stanley has hit out at the Financial Services Compensation Scheme (FSCS) and called for a different levying system after being hit with a £2.6m bill to compensate Keydata customers.

The FSA has banned a stockbroker from working in financial services following his role in a scheme that set out to ramp up the share price of a technology company.

The FSA has banned a London stockbroker for stealing clients' money from company accounts.

The FSA has banned and fined a share-ramping stockbroker £2.8m in its biggest ever penalty against an individual.

ETFs provide low-cost exposure to a range of diversified asset classes for ISA investors seeking to obtain returns in a low interest rate environment, says Barclays Stockbrokers.

The FSA has censured a London-based stockbroking firm for repeated failures by its appointed representative where customers were forced to buy shares they did not want.

Claymore Securities will close and liquidate four of its ETFs, with the last day of trading on December 11.