The Securities and Exchange Commission is expected to approve a controversial rule that would make dismissing arbitration cases more difficult.
Fund companies and service providers are offering webinars, seminars and handouts to help advisers handle the onslaught of questions they're getting from 401(k) participants and employers in this volatile market.
Seven in 10 financial advisers prefer working for a nationally recognized company over an independent advisory firm, according to a yet-to-be-released survey.
Advisers tell me that broker-dealers are not created equal when it comes to technology support.
With the equity market wreaking havoc on retirement portfolios, advisers are helping clients reassess their priorities and determine which objectives to fund first.
In the 12-month period through early October, 401(k) plans and individual retirement accounts dropped in value by $2 trillion due to market volatility, and a new study questions whether retirement accounts are too exposed to market risk.
National and state securities regulators disagree over the use of encryption in storing and communicating client information.
Regional and independent brokers such as LPL Financial, D.A. Davidson & Co., Raymond James Financial Inc. and Stifel Financial Corp. are thriving while brawnier brokers struggle, but the firms' executives have deep concerns even as they rev up their recruiting.
This week TD Ameritrade Institutional announced Roadmap, an online tool that is available on its Veo adviser platform.
MFS Investment Management of Boston announced today the formation of a business development office for the defined contribution investment only market.
Congress is likely to debate another economic-stimulus package soon after it returns to Washington from campaigning for the election, unless the economy shows signs of turning around.
LPL Financial plans a spirited defense against claims that it was negligent in its supervision of a rogue broker who allegedly stole $5 million from at least 40 victims, many from his church in Phoenix.
Amid the failures and mergers on Wall Street, there is at least one silver lining for independent broker-dealers and smaller asset managers.
The government rescue plan inevitably will produce many villains.
The plaintiff's bar will continue pushing for the elimination of industry arbitrators, said Brian Smiley, the new president of PIABA.
More than 50 letters that contained threats and an unidentified white powder have been mailed to U.S. financial institutions and government offices.
The SEC has settled with the owner of an investor relations firm who illegally traded the stock of Manatron Inc., an information technology company.
Charles Schwab has upgraded its online trading system, and TD Ameritrade Institutional is offering advisers preferred pricing for donor-advised funds
The Department of the Treasury has begun to purchase stakes in several regional banks as the government aims to halt the freeze of the credit markets,
Following the “breakdown of the central pillar of competitive markets,” new regulatory changes will be needed in the areas of fraud, settlements and securitization in order for the financial markets to “return to stability,” former Federal Reserve Chairman Alan Greenspan said today.
