It didn't take long for the lobbying to reignite on a bill that would establish one or more self-regulatory organizations for investment advisers after Rep. Spencer Bachus, R-Ala., prevailed in his primary on Tuesday. An interest group was soon paying respects.
A Colorado man faces nine counts of securities fraud related to the sale of Medical Capital notes
Advisers can fill void left by doctors, lawyers; living wills, DNRs crucial
Dispute claims of reps who left after BofA merger
Program costs of Trust Funds to exceed non-interest income this year; well runs dry by 2033
Mooney, Morris launch Snowden Capital Advisors; counting on word of mouth to attract advisers
Insurer sees big room for growth in fund world; relocating, bulking up sales force
Ponzi scheme wiped out almost $1B in investor money
FPA stepping up efforts to gain mandatory oversight of the profession; 'aspirational'
Joins Board of Governance of RIIA's retirement income designation program
2.6M claim involved DBSI TICs; significant exposure remains
By any standard, it was a big loss. A Finra panel on Wednesday not only ordered the brokerage to pay two ex-workers $5.2M in back pay, but tacked on a $5M punitive charge. Now, Merrill is striking back. In a court petition seeking to overturn the ruling, the brokerage claims a panel member has it in for the firm.
Bank wouldn't undertake centralization of investment, research functions if Americas unit were on the block, consultant surmises
