The Master-Liquidity Enhancement Conduit seeks to prevent an asset fire sale and to stimulate credit markets.
A.G. Edwards & Sons Inc. has sued more brokers who left the firm in the wake of its recent merger with Wachovia Securities LLC.
They were selected “for having laid the foundations of mechanism design theory.”
Social Security was once the third rail of politics. For years, the conventional wisdom held that if politicians mentioned the system's financial problems and so much as alluded to changing anything, they faced electrocution in the court of public opinion and a grisly end to their career
There is something rotten in the state of Michigan. Gov. Jennifer Granholm and state lawmakers emerged from a recent late-night budget session with a new 6% sales-and-use tax that affects investment advice services, among about 20 other previously untaxed services.
The wealthiest Americans took a record slice of the income pie in 2005, according to an IRS report.
Rising energy costs bumped overall producer prices up 1.1% during, but consumers were happy to open their wallets.
Nebraska insurance director L.Tim Wagner died on Tuesday, according to the National Association of Insurance Commissioners.
One of the nation's top producing registered reps is under investigation by Michigan securities regulators.
The private-equity tax hike will not go gentle into that good night, according to published reports.
House Republicans have introduced a bill that would repeal the AMT with an optional “simplified tax.”
The PPA has not increased the security of defined-benefit pension plans, the Pension Benefit Guaranty Corp. said.
The number of brokers at independent dealers will catch up to the number of wirehouses in three years.
U.S. wholesalers' inventories increased at a slower-than-expected rate in August, as demand for goods increased.
The Select Multi-Asset Pool is actively managed and invests in a broader range of asset classes than the program’s other pools.
Pershing will expand its products and services to LPL B-Ds that use Pershing, the firms announced today.
More than two years after the launch of the first variable annuity based on exchange traded funds, VA providers and financial advisers are still ap-proaching the product with caution.
The clearing firm's B-Ds will provide consolidated performance reporting across all accounts.
JPMorgan Chase analyst Kenneth B. Worthington downgraded Merrill's stock to "neutral" from ''overweight.''
In this newly created role, Gregg Mahalich will oversee Jackson’s wholesale efforts among regional firms.
