The door from the trading floor to the chief executive's office opens, and before it can close, the voice of a broker working the phones is heard, using a line that could have been lifted from the Shearson Lehman playbook of the go-go 1980s.
Firm allegedly failed to disclose use of derivatives in two funds adequately; agrees to pay $35M to settle the charges
Proposed 2013 budget would gut dividend tax break, impose Buffett rule, raise top marginal rate to nearly 40%
Observers find proposals to be well intended, but say workers have a lot to learn on annuities
Newly released final rule for disclosure to plan sponsors to kick in this July; controversial proposals dumped
Advisers unable to meet fiduciary obligation to clients with reduced capacity; 'document, document, document'
Housing values down 3.7% in November in 20 major cities; 'a turn for the worse'
But overall, Finra says number of arb cases down substantially last year
