Wedbush Securities Inc. was ordered to pay former municipal bond trader Stephen Kelleher $3.5 million for failing to give him years' worth of incentive-based compensation he was owed
A lawsuit by an NFL player against his investment advisers that was settled months ago has come back to life
Republicans on the House Financial Services Committee are watching carefully to see how the SEC proceeds with a rule that would subject broker-dealers to a fiduciary duty.
A rule aimed at protecting small investors who buy U.S. commodity contracts from retail brokers will go into effect.
Hi folks, Davis Janowski, technology reporter with InvestmentNews here. We have created a short, simple survey for advisers in order to determine how many of you use which products and vendors and gauge your level of satisfaction with them. This will not only help me with my stories and columns but give you, the advisers, a sense of the popularity and market share they have.
A Republican commissioner on the Financial Crisis Inquiry Commission urged his colleagues to make sure the panel's conclusions would “not undermine” his party's efforts in the U.S. House to change or repeal the Dodd-Frank Act.
Claim custody bank defrauded customers in foreign currency transactions; 'virtually worst rates of the day'
Legendary investor George Soros is trading in his hedge fund firm for -- a family office. Of course, this family office boasts $24 billion in assets under management.
As the Labor Department prepares to issue stricter rules for the retirement fund industry, financial advisers at RIA firms are licking their chops over the prospect of poaching business from broker-dealers and insurance agents
Fees fall for stock and money market funds; charges for fixed-income offerings hold steady
An attempt by House Republicans to freeze the Securities and Exchange Commission's budget will meet resistance in the Senate, where the Democratic majority will seek to give the agency the increase recommended in the Obama administration budget.
The Treasury Department will soon offer guidance on lifetime income options in 401(k) plans with the aim of curbing the number of individuals who are likely to outlive their retirement savings.
The following remarks were delivered May 24 by Richard G. Ketchum, chairman and chief executive of the Financial Industry Regulatory Authority Inc., at its annual meeting in Washington
Advisers, start planning now. According to a retirement policy expert, deficit pressures in Washington leave little room for further extensions of tax breaks in 2013.
Several current and former National Football League players recently have found themselves ensnared in alleged Ponzi schemes or legal battles over failed investments
Alex Brown, a defensive end with the New Orleans Saints, is suing his former team of financial advisers, alleging that they “abused the trust” of the player and his wife.
