Advisory group designed to counter Wall Street clout; SEC not required to act on recommendations, though
Social media is an incredibly fun and effective way to engage with millions of people online. Along with the excitement, however, is the perceived buzz kill—FINRA and SEC compliance standards.
Opponents and backers of an SRO for investment advisers clashed in front of a Congressional panel on Wednesday. And this was just the first act.
50% drop in broker comp makes the case for going independent
Morgan Stanley boss preparing for possible major downgrade by Moody's; hanging out there in the wind
Say clients like having assets at a AAA rated bank
Stock regains some ground, but still trading at under $13; ratings cut looms
AIG boss Robert Benmosche has offered a radical yet simple solution to gaping shortfalls in government pension and medical programs. Push the retirement age back -- way back.
Roll out of new technology problem sees plenty of glitches; large undertaking
Red light for now, but SRO bill still seen getting greenlighted
Pershing data shows that vast majority of customers want better online tools but few advisers have glommed on; 'a big gap'
Bill McDermott, head of defined contribution at Goldman Sachs, to lead sales at J.P. Morgan unit
Small firms in Massachusetts could be decimiated: Finra cites 'critical need to fill an untenable gap in investor protection'
Commission claims Geringer actually lost millions in trades, duped clients
