Trustees handling Bernard L. Madoff Securities is in the process of selling the market making operation connected with the firm, trustee Irving Picard said today .
ASPPA is asking the government to give employers a break from rules that require many companies to contribute 3% to their employees’ 401(k) plans.
Automated Compliance Solutions has unveiled compliance software for brokers, and AdviceAmerica Inc. has released a client relationship management solution.
Concerned about liability related to hedge funds, Schwab is telling registered investment advisers that it will no longer accept custody of alternative assets.
A trustee of a charitable foundation that helps poor people in Central America and Mexico has filed a civil case against Texas billionaire financier R. Allen Stanford.
The Iowa insurance commissioner has eased accounting rules for 11 insurers based in the state, allowing them to polish up their balance sheets.
While R. Allen Stanford's investors were swallowing claims of vast returns on safe investments, some of his employees weren't so sure.
Broker-dealers and registered representatives are being hit by the legal fallout of the historic market collapse.
Commentators in Switzerland voiced their anger at the bank's business practices and what they saw as heavy-handed treatment by U.S. authorities.
