Merrill Lynch Bank of America

Broker-dealer Merrill Lynch has been fined $12 million by regulators for failing to file approximately 1,500 suspicious activity reports (SARs) over a span of more than ten years, The Wall Street Journal reports. Regulatory Requirements Under U.S. anti-money-laundering rules, broker-dealers are...

It isn't very often that a company announces a secondary offer that amounts to a 41 percent increase in shares outstanding. The first thing that comes to mind is that this huge equity raise must be dilutive to earnings per share. Perhaps that is why CorEnergy Infrastructure Trust Inc (NYSE...