Lawsuit alleged a "deep rooted and pervasive gender discrimination" existed at Bank of America and Merrill Lynch
A recent Supreme Court decision allowing class action waivers tips the scales in favor of Charles Schwab in its scuffle with Finra over the tactic.
Abrogation of rights or a fair system? Opinions fly at <i>IN</i> roundtable
In its battle with Finra over mandatory arbitration, Charles Schwab has backed down, making its clients the winner. But the fight has just begun.
As task force reviews process, regulator pushed to fess up on selection of arbitrators, award collections and case statistics.
The beach retreat for Manhattan is one of a number of getaway markets that have been benefiting from the wealth effect of rising stocks. Vacation homes made up 13% of all sales last year, the highest level since 2006, the National Association of Realtors reported this month.
David Einhorn, who runs a $10 billion hedge fund, seems to think it's time to start shorting some of the "cool kid" companies that are valued more on buzzwords than on revenue or profits. The question is whether he has picked the right moment.
Debate continues about whether it is best to utilize a bundled solution or choose best-of-breed technologies. Proponents of bundled solutions are attracted by the concept of a one-stop shop. Bundled solutions can offer seamless integration and one source for support. There is also the potential for cost savings when buying multiple components from one provider.
Colony Group vice chairman: U.S. needs K-12 curriculum; but FPA of Florida head says effort starts in the states.
Joint venture integrates re-balancing software with portfolio management platform
Regulator would also cross-check broker disclosures against public court documents.
John Cronin will oversee supervisors in the Northeast; 'it's like hiring an IRS guy to be your CPA.'
MF Global Inc., the defunct brokerage once led by Jon Corzine, will begin final distributions to satisfy $6.7 billion in claims from former customers, starting tomorrow and lasting several weeks, the trustee overseeing the repayments said.
At its board meeting, the regulator put out for public comment changes to how firms link to its BrokerCheck database. It also backed changes to how it defines arbitrators and moved to prohibit firms and brokers from putting conditions on settlements.
But there's plenty of resistance from plan sponsors
Still wary of being accused of conspicuous consumption, the wealthy are paying for high-end experiences and access to celebrities, professional athletes and exclusive events.
T. Rowe Price's Christine Fahlund puts theories to test.
Agency to enforce one IRA-to-IRA rollover every 365 days rule despite earlier interpretation.
Gauging the value of your online presence, in particular efforts around a web site, social networking and blogging, can be a moving target. One of the top questions heard regularly is “How do I know if this is working for me?”. The answer lies in large part in analytics.
