It's been about a year since the Securities and Exchange Commission said it would assess the costs of a potential rule that would raise investment-advice standards for brokers. One reason that a request for data has not yet been released is because SEC commissioners keep tweaking it.
New study cites failure of money market fund reform as example
Don't look now, but Merrill Lynch is hawking a nontraded REIT -- the first wirehouse to do so. Should broker-dealers be worried?
GBI launches online purchase and management program for precious metals; works with reporting systems
Agrees to pay $1.2M to close Finra enforcement action; five affiliates allegedly failed to retain millions of messages
Dispute stems from overtime payments between 2010 - 2012; deal must be reviewed by court
According to a source, BofA boss Brian Moynihan vetoed John Thiel's plan to cut the Merrill grid by 2 percentage points.
Finra is once again looking to change some of its membership rules. The first go at making some revisions -- floated back in 2010 -- was not exactly cheered by reps.
Improved financial markets and retention pay cited as reasons for keeping brokers at wirehouses
New office in Melbourne, Fla. is the firm's 28th location
Massachusetts Secretary of the Commonwealth William Galvin urges SEC to consider banning the use of such agreements by registered investment advisers
Only in a courtroom will S&P's actions in rating mortgage-backed securities in the lead-up to the 2008 financial crisis be fully disclosed.
After Q4 hiatus, firm adds Philly area team managing $650M in assets.
Before they can expect to get a reasonable number of referrals, advisers need to ask some tough questions about themselves
As Nemo approaches, Bruce Kelly reports that a dark patch also appears to be gathering over B-D owner -- and media darling -- Anastasios 'Tommy' Belesis.
It's Inauguration Day for President Barack Obama. In his second term, expect more Terminator than conciliator.
