BrightScope Inc. has launched a free online service that will allow investors to look up financial advisers
But uncertainty remains, as latest deal only runs through Friday; commission still facing budget ax
Mutual fund companies are bracing for the expected passage this month of a proposed Securities and Exchange Commission rule that they say would completely undermine their internal compliance processes
Faced with escalating tuition costs and lackluster investment returns, some states are considering plans to cut back on the benefits offered through their prepaid college savings plans
Aiming to take advantage of lower fees and other investor-friendly trends in the college savings plan market, the Golden State puts its plans out for bid.
Payment to the Bayou State marks third such settlement for the insurer in less than two months
Virginia-based firm looking to add more wirehouse advisers; founder touts adviser transition program
Finra censures Amerprise after the firm purportedly discovered a broker who was allegedly forging client signatures -- but failed to boot him out of the company for over two years.
Connecticut's insurance department yesterday kicked off an inquiry into insurers' payments of death benefits and the steps the insurance companies take to locate beneficiaries.
Investors are continuing to stampede out of tax-exempt muni bond funds, but they probably shouldn't, according to Gary Pollack, Deutsche Bank AG's head of fixed-income trading
Following a quarter in which it sustained nearly $13 billion in net outflows, Legg Mason Inc. is reorganizing its senior ranks
Despite the fact that investors have lost billions of dollars in private placements that have blown up in recent years, the SEC last week said that it is looking to relax rules that regulate the marketing and sale of these offerings
Insurers are girding for a flurry of questions about their risk management from broker-dealers and advisers whose interest has grown following the economic bust.
In a huge turning point for Securities America, the besieged brokerage and attorneys representing investors have purportedly agreed to settle lawsuits arising from the sale of soured private placements
In an e-mail sent to brokers Friday evening, Securities America said crucial negotiations with investors suing the B-D could lead to a final resolution of the dispute. Without such an agreement, the brokerage -- and its 1,800 reps -- may be facing the end of the line.
A report today indicated that Ameriprise 'may' let Securities America go under. But sources tell InvestmentNews that plaintiffs lawyers have just made their first settlement proposal to Ameriprise.
Steve Kluever has parted ways with Jackson National Life Insurance Co., joining The Hartford Financial Services Group Inc. and heralding a new push in variable annuity development for the insurer
