Smaller broker-dealers are worried that a sweeping congressional proposal aimed at preventing fraud through comprehensive audits of brokerage firms could put them out of business.
The SEC's request for documentation about how advisers use social networking sites has the advisory biz spooked. And despite the heightened attention, advisers still aren't certain about the guidelines governing the new media.<br><a href=http://www.investmentnews.com/article/20110216/FREE/110219945>What the SEC is requesting from advisers</a> | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20100127&Kategori=FREE&Lopenr=127009999&Ref=PH>Ten things every adviser should know about social medial</a>
Commssion backs a plan to limit fees on option trades. But the regulator also wants the largest stock traders to provide ID codes, records for transactions
Do you have "sustainable values"?
Upbeat bankers clashed with pessimistic economists on the opening day of the World Economic Forum, where the movers and shakers of global politics and business argued over whether to move forward with financial reforms — or to abandon what some claim would be a ruinous path toward over-regulation.
Stock futures are modestly higher Wednesday as investors avoid making big bets without knowing how potential policy changes could affect trading.
For months, a task force for the Financial Industry Regulatory Authority Inc. has been reviewing some of the major issues surrounding the professional use of social media in the financial services community – and now the self-regulatory organization has finally issued an overview of their guidelines.
Nationwide Financial Network, the sales and marketing arm of Nationwide Mutual Insurance Co., is telling its independent financial advisers to find their own broker-dealers rather than continue to trade through its own brokerage arm, Nationwide Securities LLC.
A House committee is planning to grill Treasury Secretary Timothy Geithner about his role in the massive bailout of failed insurer American International Group Inc.
Hoping to address the income needs of retiring baby boomers, providers of exchange-traded funds are gearing up to introduce new income-oriented products.
A sports car worth nearly $2 million, an 87-foot yacht and a guitar collection worth as much as $20,000 were among the assets seized from a South Florida lawyer suspected of operating a massive fraud scheme, according to a court filing Monday.
JPMorgan Chase is letting Facebook users help decide how to give away $5 million.
Investigators say the alleged fraud scheme run by a prominent South Florida lawyer is likely to exceed $1 billion and involve thousands of investors.
Sources claim Northwestern Mutual -- 'the quiet company' -- is quietly discussing selling the asset manager. The insurer, however, says Russell is not for sale.
Why Dan Charles, executive vice president and managing director of Janus Capital Inc.'s U.S. institutional business and head of Janus Capital Group International, has departed remains unclear
With retirement income management becoming the primary objective of many investors, it's time for new investment benchmarks which reflect that. For decades, investors have been using the S&P 500 or the Dow Jones Industrial Average as defaults for investment performance. But constructing portfolios that track those benchmarks is of little value for investors who must live off the returns on their portfolios.
European stock markets recouped losses Tuesday after Wall Street unexpectedly rose at the open after upbeat U.S. corporate earnings and a stronger than anticipated consumer confidence survey combined to offset the gloom that had gripped investors' for most of the session.
Insurance brokerage fee income at banks hit $3.05 billion for the third quarter of 2009, up 11.7% from the year-ago period, according to the Michael White-Prudential Bank Insurance Fee Income Report.
Two California investment advisory firms were charged with improper short selling today by the Securities and Exchange Commission.
George Robison, the director of licensing for the Utah Division of Securities, is discussing taking legal action against his employer for allegedly retaliating against him because he participated in an audit of the division, according to people familiar with the situation.
