Unit reports nearly eight-fold increase in pretax earnings; rich clients finally returning in force
Finra president Richard Ketchum says brokerages must make certain reps understand how complex financial instruments work -- before hawking them to clients.
Regulator claims marketing material produced by B-D was misleading; settlement reached
Industry regulator shelled out more than $300K in first quarter; entire financial industry spending big bucks bending ears
Brokers are up in arms about what they say is an increasing number of fines for innocent trade-reporting errors.
Neuberger Berman Group LLC, a money manager that was part of Lehman Brothers Holdings Inc., was ordered by an industry regulator to pay about $4 million to three clients who bought structured notes backed by the failed investment bank
Respondents to the recent <i>InvestmentNews</i> RIA Technology Study overwhelmingly (95%) rated technology as either “critical” or “absolutely critical” to the success of their business
Who uses which technology products and are they satisfied? Where is adviser technology going?
Creditors left holding the bag after Jefferson County goes bust; 'catastrophic mistake'
California eyes selling muni debt in $25 denominations; lower buy-in designed to attract more investors
After S&P lowered ratings on thousands of municipal bonds earlier in the week, traders braced for a massive selloff. They're still waiting.
MSRB warns against price manipulation in the wake of possible credit downgrades
HMOs, even Apple undervalued, fund manager says; mess in Washington will get straightened out
Like the President, Republican leaders gave thumbs up to TARP, prescription drug plan, foreign wars; 'plenty of blame to go around'
State hedging against possible credit market chaos; lowest-debt rating of all 50 states
Tax breaks for investments and savings look to be prime targets for lawmakers; 'the fight is coming'
Neuberger Berman Group LLC, the money manager that was part of Lehman Brothers Holdings Inc., was ordered by an industry regulator to pay about $4 million to three clients who bought structured notes backed by the failed investment bank.
The recent data breach involving Morgan Stanley Smith Barney LLC should serve as a warning to financial advisers that important steps need to be taken to improve the security of sensitive client information stored on CD-ROMs
Advisers can conduct transactions over iPhones and Android smart phones
