Santander Securities agrees to pay $2M to settle charges brokers sold unsuitable investments to the elderly
Commission claims Hanlon failed to inform clients that his firm's financial status was 'seriously impaired'
SEC claims Wachovia unit charged excessive markups on CDOs in 2007
According to a source, Securities America has offered arbitration plaintiffs about 50 cents on the dollar to settle their claims over Red D offerings that went bust
Bulk of retiree's savings invested in two non-public mortgage funds; 'didn't have any access to his money'
Rumors have resurfaced that <a href=http://www.investmentnews.com/section/recruiting-moves?joiningsearch=Wells+Fargo+Advisors+LLC&search=&leavingsearch=&stateMultiSearch=&statesearch=>Wells Fargo & Co.</a> is talking with UBS AG about acquiring the Swiss bank's retail-wealth-management operations in the U.S.
Smaller firms smacked by increased costs from audits, uncertainty over rule; 'this is a mess'
<i>The following is the weekly commentary of Jeffrey Kleintop, chief market strategist at LPL Financial, for the week of February 28, 2011. For more, <a href=http://lplfinancial.lpl.com/Documents/ResearchPublications/Weekly_Market_Commentary.pdf> click here.</a></i>
The regulatory burden on financial advisers is mounting as various government agencies parse the fine points of the Dodd-Frank financial reforms and develop new rules
Higher interest rates are likely to result in insurers' sweetening their fixed-indexed-annuity offerings this year as they try to catch a wave of renewed investor interest
Corporate-owned life insurance is on the chopping block as President Barack Obama releases his 2012 budget
Lawsuit claims insurer profited mightily off retained-asset accounts; lump-sum payment or not?
I continue to be concerned about credit conditions and the underlying fundamentals of the U.S. economy.
Guggenheim Partners LLC, an investment firm founded by the famous family for which it is named, announced today it is acquiring Security Benefit Corp. — and with it Rydex SGI.
There has been no better place in the U.S. government bond market since 2008 than in debt that protects against faster inflation
Growth on protected value cut back; company cites low interest rates
Don't expect Securities America Inc. to extricate itself anytime soon from the legal headaches and expenses connected with the private placements it sold from Medical Capital Holdings Inc., a now-bankrupt company that turned medical receivables into promissory notes
Genworth Financial Inc.is exiting the variable annuities market.
Securities America Inc. was dealt a costly legal blow on New Year's Eve when a Finra arbitration panel awarded almost $1.2 million in damages and legal fees to a client who sued the firm and a broker over the sale of private placements that regulators have alleged were fraudulent.
