After securing a week-long extension from its lenders to evaluate the best path forward for its business, Lancaster-based Armstrong Flooring said that it is likely that it will be seeking bankruptcy protection.
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Charles Schwab says SEC investigating robo adviser disclosures, warns of Q2 results hit
(Reuters) - Charles Schwab Corp on Friday revealed an investigation by the U.S. Securities and Exchange Commission (SEC) related to historic disclosures involving Schwab Intelligent Portfolios, the retail brokerage's robo adviser.
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Pennsylvania joins petition to give SEC more power to protect investors
Pa.’s top law enforcement officials filed a brief this week arguing that the federal SEC should have the power to require defendants accused of defrauding investors to give back their fraudulent earnings.
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