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 .
Automated Compliance Solutions has unveiled compliance software for brokers, and AdviceAmerica Inc. has released a client relationship management solution.
NYSE regulatory chief Richard Ketchum will be named the new chief executive of Finra, the Wall Street Journal reported today.
The number of people collecting unemployment benefits rose to an all-time high of 4.99 million this month, according to the Department of Labor.
UBS AG will pay $780 million in fines, interest and restitution to avoid U.S. prosecution on charges that it helped wealthy Americans evade taxes.
Producer prices rose faster than expected in January, according to a Department of Labor report released today.
Former Deutsche Bank general counsel and federal prosecutor Robert Khuzami today was named director of enforcement at the SEC.
Insurers doing business in N.Y. that receive breaks on accounting rules in their home states must adhere to N.Y.'s accounting rules when filing annual statements.
The U.S. sued UBS AG today in an effort to get the Swiss bank to turn over the names of as many as 52,000 wealthy Americans who allegedly tried to evade taxes.
OppenheimerFunds Inc. of New York is facing a class-action involving its California Municipal Fund, which lost 41.3% last year.
