Industry

The Securities and Exchange Commission plan approved for public comment on Thursday would make it easier to bring new ETFs to market by laying out formal steps for setting up less-complicated funds.

Commonwealth names a new president and COO, one survey finds financial advisor is the most in-demand job in finance and accounting, and Voya advisors can now offer securities-backed lines of credit.

Brian McIntyre, who worked in the self-regulator’s New York office, said FINRA mostly sought to terminate older workers in a September wave of firings.

Cresset Capital Management has launched Cresset Family Office, led by two former executives from U.S. Bank and Wells Fargo.

Clients are open to having their money managed by a big tech-focused firm, Merrill Lynch adds features to its mobile app and LPL hires Richard Steinmeier to head business development.

Observers said the deal was both “timely and fortunate” for both parties.

Constant flux is the norm. Get used to it.

Lincoln Financial and Orion partner on an annuities platform, Seaward Management rebrands and Alex. Brown adds an LA-based team.

A day after a Robinhood co-CEO said competitors like Fidelity and Schwab weren’t really technology companies, Ram Subramaniam reminded attendees at the same conference how many “technologists” it employs.