Investors get all hopped up when takeover rumors begin to swirl around a company. But contrary to conventional wisdom, sweetened bids or rival acquirers do not always materialize.
Many financial advisers are finding out that they aren't as fluent in English as they thought
Advisers have an additional four months to prepare “plain English” brochure supplements about their investment personnel thanks to an extension granted by the Securities and Exchange Commission late last month.
A recent court decision against Pacific Life Insurance Co. may give advisers and broker-dealers legal leverage against insurers that take too long to perform Section 1035 exchanges of variable life policies.
Housing prices are once again on the decline. These ten U.S. cities were the biggest losers over the past year.
Retirement funds not even close to what employees say they'll likely need; confidence level lowest in 20 years
Escalating political unrest in Libya proved to be the tipping point last week for a U.S. stock market that might have been looking for an excuse to pull back from an extended rally.
Todd S. Thomson, Citigroup Inc.'s former head of wealth management, lured a top Bank of America Corp. financial adviser with $5.9 billion in client assets to join a new business that caters to independent advisory firms.
A.G Edwards, a unit of Wells Fargo, agrees to settle charges filed by Missouri regulators arising from the sales of variable annuities to seniors
Share prices have yet to catch up with historic rebound in corporate profits; 'self-sustaining recovery'
House Republicans want the SEC to halt its fiduciary duty rulemaking. Why? The GOP lawmakers say the commission needs to look harder at the impact of a universal standard of care.
Preoccupied by a battle over federal spending, Congress has barely begun considering another piece of budget balancing: comprehensive tax reform
With the economy seemingly on the mend, newbie financial advisers are finding that it's a great time to be breaking into the game
With a number of indie B-Ds shuttering in the last 12 months, nearly 2,400 reps have been forced to find new broker-dealers.
So who's the big winner in the QA3 rep sweepstakes? Right now, it looks like FSC Securities. The AIG unit is in line to snag 50 of the foundering B-D's reps.
On Friday, Securities America's CFO said the brokerage could face bankruptcy if a judge rejected a proposed settlement over soured private placements. The judge rejected the settlement. Now, Securities America's parent may step in to try to bail out the besieged B-D.
When Brian O'Neill decided to set up his own registered investment advisory practice, he hired compliance consultants to help him file his SEC registration
For newly minted sole practitioner Andrew J. Feldman, the toughest part about striking out on his own has been coping with the cost of doing business
