Warrant issued for man who allegedly steered Chargers' Buster Davis into airplane hangar investments
In October, a Finra arbitration panel ordered Citigroup to pay former 'Dallas' star Larry Hagman a whopping $11.6 million for, among other things, breach of fiduciary duty. Yesterday, a judge threw out the award, saying that one of the panel members may not have been impartial.
Will Ferrell may have the No.1 movie in America. But that didn't cut any ice with a Finra arbitration panel, which ruled against Ferrell and Larry David in a claim against J.P. Morgan Securities.
It's been an ugly, mud-slinging, smackdown of a campaign. The results may not be any prettier -- at least, not for advocates of financial reform.
No matter where you stand in this increasingly divided political landscape, the financial markets are a good bet to rally following the Nov. 2 elections.
Next Financial Group Inc. has been hit with a significant regulatory action for the third time in three years, with Finra this month levying a $400,000 fine and $102,000 in restitution to clients.
In yet another sign of the move toward regulatory harmonization, the Financial Industry Regulatory Authority Inc. has asked for input on how to create an ADV-like form for broker-dealers.
If history is any indication, the financial markets are likely to rally following the Nov. 2 elections
Securities America Inc. has picked up Verus Capital Partners LLC, a Scottsdale, Ariz., firm with $225 million in assets and 20 advisers.
Anderson Strudwick Inc., a small, Richmond, Va.-based regional firm, continues to pick up offices and reps of troubled broker-dealers.
The Securities and Exchange Commission is targeting compensation practices across the brokerage industry — specifically the large upfront bonuses firms pay many brokers and advisers when they leave one firm and join another.
Elton Johnson, owner of Amerivet Securities Inc., has made a name for himself by being a thorn in the side of the Financial Industry Regulatory Authority Inc.
It isn't an overstatement to say that the future of the advice business hangs in the balance as federal agencies conduct scores of studies and write hundreds of regulations designed to carry out the sweeping mandates of the Dodd-Frank financial-reform law
Returns from debt securities issued by companies that have defaulted or are close to defaulting are down from their double-digit gains of last year, but distressed debt is still a bright spot for investors
Clients know that it is necessary to buy homeowners insurance and car insurance, but too many leave it at that
Getting clients to think long-term in terms of investing is easier said than done, particularly after the 2008 market meltdown and, more recently, the May 6 flash crash, said financial advisers who attended The Charles Schwab Corp.'s Impact conference in Boston last week
The United States risks an extended period of low economic growth with little job creation and additional emergency measures being considered by the Federal Reserve aren't likely to work, said Christopher Pissarides, the winner of this year's Nobel Prize for Economics.
The U.S. Securities and Exchange Commission is poised to ban brokers from letting clients make unsupervised trades on stock exchanges, as it grows increasingly concerned that a rogue transaction could roil markets
Escalating medical costs and increased expenses associated with the health care reform law are driving double-digit increases in health insurance premiums at many financial advisory firms
Team Asset Strategy's Dailey says falling currencies will continue to boost price of precious metal
