The Securities and Exchange Commission may impose buy-and-sell obligations on electronic-trading firms and other “high-frequency” proprietary-trading firms that now represent more than 50% of daily stock trading volume.
Its title evokes “The Complete Idiot's Guide to Tae Kwon Do,” but a forthcoming pamphlet from the Certified Planner Board of Standards Inc. has a much more serious purpose.
Thirteen current and former executives of the Financial Industry Regulatory Authority Inc. made more than $1 million apiece in 2008, a year in which the regulatory organization had an operating loss of $696 million, according to tax forms that Finra filed last month and the company's annual report.
Thirteen current and former executives of the Financial Industry Regulatory Authority Inc. made more than $1 million apiece in 2008, a year in which the regulatory organization lost $694 million, according to tax forms Finra filed last month.
Focus Financial Partners, which recently completed a $50 million recapitalization to meet debt obligations and revive its business of buying interests in wealth management firms, has agreed to acquire LLBH Group Private Wealth Management as a full partner firm.
Strategic Point Investment Advisors LLC, a wealth management firm that was one of the original affiliates of Focus Financial Partners, has sued the company to get access to its financial data.
Focus Financial Partners LLC, after a 19-month acquisition drought, has bought Joel Isaacson & Co., a financial planning…
It is tough to find a stock analyst or money manager with positive things to say about the financial services industry these days.
Brokerage firm Wunderlich Securities Inc. plans to buy five RBC (U.S.) Wealth Management offices in Michigan and Ohio with 21 retail brokers and about $700 million in client assets under administration, the firms have announced.
The Securities Industry and Financial Markets Association wants to delay the effective date of any new standard of care that the Securities and Exchange Commission may adopt for brokers giving advice to retail investors.
