Difficult times spark a shift to budget booze
The “liquor indicator” is showing that consumers are still worried about losing their jobs.
Brokerage firm recruitment deals are holding steady for top reps
Despite the intense scrutiny on executive compensation by legislatures and regulators, major brokerage firms continue to offer generous recruitment packages to top brokers.
Former chief executive sues First Allied
Keith Gregg, former president and chief executive of First Allied Securities Inc. of San Diego, is suing the firm, claiming that he was forced out after complaining about improper practices at the company. Officials at the firm deny the charges and were set to answer the complaint and file a counterclaim against him today.
SEC has long to-do list, investor advocacy groups say
Two investor advocacy groups today criticized the Securities and Exchange Commission for not acting on a number of fronts they say are needed to protect investors.
Muni bills might help liquefy ARS market
The House Financial Services Committee is considering a package of legislation to tighten regulation of the municipal bond market.
Investors grab for growth in emerging markets
After being written off as an asset class just a few short months ago, emerging-markets equities are back.
More advisers turn to technical analysis
In the wake of the stock market downturn, more financial advisers are turning to technical analysis.
Will value stocks lead market out of recession?
If past recessions are any guide, value stocks could emerge as the front-runners as the economy starts heading to a recovery.
Assets in broker-managed accounts rival those in wraps
Assets in broker-managed ac-counts reached the levels of traditional wrap fee accounts in the first quarter of the year, a milestone in the fee-based business at major brokerage firms.
Beware ‘bond bear trap,’ experts warn the unwary
Financial advisers are at risk of getting caught in a classic “bond bear trap” — reaching for yield in a low-interest-rate environment, then getting hammered when rates ultimately rise.