Judge approves settlement; brokers with arbitration claims now can put matter behind them
Commission tells JPMorgan securities unit not to do what it told it not to do two times before; third time's the charm?
Independents are doing most of the deals; difficulty expanding business organically
Renewed proposals to eliminate the tax-exempt status of municipal bonds as a way to reduce the $1.5 trillion federal deficit are unlikely to succeed, according to a report by The Bank of New York Mellon Corp.
Michael Oxley, the former congressman who co-wrote the Sarbanes-Oxley Act of 2002, has registered as a lobbyist for Finra to promote its campaign to become the self-regulator of investment advisers
Protection against rise in interest rates may not be enough to offset risks; 'use them peripherally'
ProShare Advisors is planning to roll out what could be the first exchange traded fund to follow a 130/30 investment strategy.
Bailed-out insurer AIG should be broken up eventually because its two main businesses have “no strategic fit between them,” according to Harvey Golub, its former chairman
But these three fund firms would likely take the biggest hit under current proposal
Finra wants broker-dealers that sell risky Regulation D private placements to engage in a more vigorous due diligence process, “pushing and pulling” for information about the products, according to Richard Ketchum, chairman and chief executive of the Financial Industry Regulatory Authority Inc.
