The plaintiffs, H. Cristina Chen-Oster, a former vice president, Lisa Parisi, a former managing director, and Shanna Orlich, a former associate, seek class-action status to represent all female Goldman employees with those job titles.
Advisers who were impacted when the Massachusetts Securities Division sent out their confidential info to an industry media outlet are now voicing their furor.
LPL Financial yet again has fallen prey to a technology blunder that placed private client information at risk.
A lawsuit over the theft of contact information for more than 6 million TD Ameritrade customers has been ordered into mediation, so the search for a satisfactory settlement will continue.
Compensation for brokers and firm executives would be subject to claw-backs if deemed excessive
The Securities and Exchange Commission is expected to issue new rules regarding broker pay by April, according to a memo obtained by InvestmentNews.
Three reformist small-firm governors elected to the board of the Financial Industry Regulatory Authority Inc. in August already are facing some heat.
House committee seeking more info about Becker's role in investigation of Ponzi king
A group of at least 140 of Bernard Madoff's former investors, including Thomas H. Lee, were sued by a court-appointed trustee seeking to recover fictitious profits they received in the six years before the con man's firm filed for bankruptcy in December 2008.
MetLife Inc.'s decision to stop writing new long-term-care insurance should be viewed as a positive event, according to Moody's Investor Services.
Signs are emerging that Wall Street is looking to staff up after a long, painful purge.
Affording health care during retirement remains the No. 1 concern of working Americans, according to a new survey from Edward Jones.
Tougher regulation in the 401(k) marketplace is driving “dabblers” out of the plan advisory business, according to an industry executive.
Financial advisers who live by the maxim “the early bird catches the worm” might want to think twice before getting a head start on making the switch to state registration.
Deep job losses from the Great Recession, combined with dried-up job markets, have created a class of “accidental entrepreneurs” — people who start businesses because they have few other options.
Financial advisers are bulking up their resources — and bracing for client complaints — as they prepare for the Jan. 1 deadline to begin complying with new cost basis rules.
Institutional Shareholder Services Inc., the nation's largest proxy advisory firm, could be forced to revise its business plan if the Labor Department adopts a proposal to expand the definition of “fiduciary.”
Sanders Morris Harris Group Inc., a wealth management broker-dealer that owns Edelman Financial Services LLC, indicated in its quarterly report that regulators have decided to recommend disciplining the company.
Trust Company of America is building a future-oriented interface
