Jefferies Group Inc. (JEF) agreed to pay about $2 million to resolve Financial Industry Regulatory Authority claims that three employees failed to disclose conflicts of interest while selling auction-rate securities.
Fund manager believes 15% plunge may be coming; a recession, to boot
Rep. Schakowsky want big increase in marginal rates for millionaires, billionaires
U.S. millionaires would face an annual income tax increase of at least 10% under a deficit reduction measure proposed by Rep. Jan Schakowsky, R-Ill
Record earnings fueled by the highest profit margins since 1993 are giving executives more leeway than ever to boost dividends as the bull market enters its third year
Asset manager set to launch customized programs for broker-dealers
Elizabeth Warren, the Obama administration adviser assigned to set up the Consumer Financial Protection Bureau, said that lawmakers looking to limit the agency's authority should focus instead on the Wall Street “behemoths” aiming to undermine its mission
For the first time in up to a decade, the average sale price of an advisory business fell last year, according to two separate studies.
McMillan also bemoans pace of reform, saying firms still not sure if they'll be deemed too big too fail
