Insurance brokers don't have to disclose incentive arrangements with insurers that were entered into before New York state's disclosure regulation took effect Jan. 1, the New York Court of Appeals has ruled
Guggenheim Partners LLC is in talks about combining its former Claymore Group Inc. exchange-traded-fund business with its Rydex SGI business, according to people familiar with the situation
Sallie Krawcheck, head of Bank of America Corp.'s wealth management division, sternly told Merrill Lynch financial advisers that a new “garden leave” policy doesn't apply to them, despite recent speculation
Who are the RIA Giants? Which firms were the fastest-growing? Find out in the latest edition of the <i>InvestmentNews</i> Top RIA Rankings.
Does providing a list of options constitute advice?
Advisers have mixed feelings about volatility dampener; 'really restrictive'
Western & Southern Financial Group Inc.'s decision to base its variable annuity investment options on exchange-traded funds is a positive for the insurer, allowing it to better manage market risk tied to the products, according to Moody's Investors Service
Finra claims that Lincoln Financial gave workers shared passwords for clients' accounts. All told, the regulator says more than 1 million records were viewed over a seven-year period.
Hundreds of financial advisers switched firms this year, many looking for opportunities to build equity in themselves and some exiting after mergers. Many were also lured by big bucks, according to recruiters and industry experts.
A lawyer for clients suing Securities America over Reg D offerings that went bust says parent Ameriprise has agreed to pay $27M to end the litigation.
Physicians are foot soldiers in states' battle to protect elderly from fraud
SEC claims that Provident Capital made false statements about its ability to cover its bond obligations
IRI report is pre-emptive strike against possible tax change
Survey finds U.S. citizens still not overly interesting in stashing cash away
The portfolio manager says investors get squeamish when the during market drops, and often sell at big losses.
On Wednesday and Thursday of this week, Complex Managers at Morgan Stanley Smith Barney were told to participate in a conference call (the Wednesday call was repeated on Thursday) which was entitled: Compensation Communication Day Training. The slides, delivered by Human Resources, detailed how 2010 bonuses were being structured.
Spain is the “big elephant” in the European debt crisis because there may not be enough money to bail out the Iberian nation, said Nouriel Roubini, the New York University professor who predicted the global financial crisis.
Nouriel Roubini, the New York University economist who predicted the global financial crisis, said U.S. growth will be “well below” 1% in the third quarter and put the odds of a renewed recession at 40%.
The Securities and Exchange Commission continues to crack down on Reg D offerings. This go-round, the regulator issued a cease-and-desist order to Capital Financial over the firm's alleged lack of due diligence on a series of privately issued notes.
