Low trading volume, credit crunch put firms in regulator's sights
The Securities and Exchange Commission is charging two employees at State Street Bank and Trust Co. with misleading investors about their exposure to subprime investments.
Days of Nasdaq offerings trouncing S&P 500 at an end; 'looking for the next Google' -- and not finding it
Settlement of N.J. suit seen as opening salvo in crackdown on lax disclosure; 'harbinger'
A former broker at Merrill Lynch & Co. and Citigroup Inc. lost a bid to throw out his conviction for selling access to his brokerages' internal “squawk boxes” after arguing prosecutors hid evidence of his innocence.
With the launch of WealthOne, National Planning Holdings Inc.'s network of four broker-dealers has a major new set of tools at its disposal.
Money manager who saw the mortgage meltdown coming says the central bank boss needs to explain why the Fed didn't
The Securities and Exchange Commission's warning to The Charles Schwab Corp. that it could face civil charges over two fixed-income mutual funds may have a direct effect on current and looming legal actions from investors over losses suffered in the funds.
Money managers are jittery about a provision in the financial-reform law that gives the Securities and Exchange Commission and other federal regulators authority to decide whether their compensation is “excessive.”
This year, while I was organizing a mission trip to Mississippi for teens and adults, I sent out weekly e-mails with up-dates on our travel plans.
As it attempts to crack down on 12(b)-1 fees, the Securities and Exchange Commission is ignoring a raft of mutual fund charges that investors are paying indirectly, critics contend.
If Don Whalen had to make an elevator speech about his product, he would probably describe PreciseFP as an online universal client data entry form.
The firm named both Ray Schuville and George Jenckes private client advisers and Josh Glazer private client manager.
It is usually very quiet in Washington in August. But over at the SEC, the late-summer calm has given way to a din as lobbyists battle over the standard of care for investors.
United Equity Securities LLC filed with the Financial Industry Regulatory Authority Inc. on Aug. 12 to terminate its status as a broker-dealer.
As required by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Securities and Exchange Commission has begun a six-month study of the regulation of brokers under the fair-dealing standard and advisers under the fiduciary standard.
The securities industry is worried that if the SEC imposes a fiduciary standard on retail brokers, they may lose their ability to sell initial public offerings to individual investors.
Selling private placements has turned into a disaster for some independent broker-dealers.
