Individual victims of the data breach could get up to $3,000, but most will see around $20, possibly less. The breach also affected fintech partners.

Financial services executives report seeing an increase in quantifiable value from AI investments in the fifth annual Broadridge survey.

The state's banking commissioner said the married founders of Valuex Research and Valuex Fintech used investor money for rent, plastic surgery and shopping instead of funding a promised investing tool.

The new system is intended to help trading partners improve liquidity, mobility and speed, the organization said.