David Lerner Associates Inc., a brokerage firm known for its founder's “Take a tip from Poppy” advertising slogan, was accused by the Financial Industry Regulatory Authority of overcharging customers on sales of municipal bonds and mortgage securities.
Peter Cieszko, current president of global distribution, will be named to the position, replacing Dennis Ferro.
Pay-to-play rule one more reason to steer clear of the topic; but what about right to free speech?
The cumulative wealth of the world's richest households will more than double, to $202 trillion over the next ten years, according to a study conducted by the Deloitte Center for Financial Services and Oxford Economics.
Savers with cash in longer-term certificates of deposit are losing out to inflation, according to Market Rates Insight
Case against insurer dismissed, but wording in ruling likely to trigger more litigation, regulatory probes
Insurers among the few that buck industry trend of sending survivors checkbooks -- rather than lump-sum checks
Bill requires insurers to disclose how much money they stand to make off the float; 'corporate greed'
Subpoenaeas MetLife Inc. and Prudential Financial Inc. for information on practice of generating investment income off survivors' death benefits
Survivors given checkbook accounts, while insurers retain the assets; 'turning death claims into a profit center'
