In the Margins

Computer glitch cripples brokers

November 16, 2016

By InvestmentNews

A technology glitch at Cetera Financial Group left brokers with limited access to serving client accounts and managing client money for the better part of Monday and Tuesday. “For two days, the system has been down,” said one Cetera adviser. “We can't manage portfolios, block trades or get into client accounts.” Read the original story from InvestmentNews.

 

 

Most Read

Top of the Agenda - Regulatory
ICI pursues reforming, modernizing '40 Act

The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...