Pacific West Securities is the latest indie broker-dealer to be closing up shop. The firms 300 or so reps have a place to land, however, and will be moving to Multi-Financial Securities
New offering combines features of money funds and short-duration bond funds; moving away from stable NAV
Supercommittee notion of doing away with exemption not so super; going down the Whitney path
Texas regulators say Byrne ignored order issued in 2005
Kenneth Heebner, whose CGM Focus Fund was one of the top-performing U.S. stock mutual funds over the past decade, bought shares of Morgan Stanley as the bank posted its biggest quarterly drop since 1998
Survey indicates public profile of certified financial planners on the rise
Mohrman-Gillis wants SEC to oversee investment advisers; Finra 'not experienced' in upholding fiduciary standards
Survey also finds planners mostly serve 'mass affluent'; fewer women are certificants, however
