RBC Wealth Management unit will pay $690,000 to resolve a brokerage regulator's claims that a U.S. unit sold unsuitable financial products to elderly clients and others with modest net worth.
Were three awards totaling $25.1M in past two months a coincidence? Some attorneys don't think so
Investment advisers and their clients may want to wait before crafting financial strategies to address the tax relief and spending proposals outlined last week by President Barack Obama.
Investment advisers and their clients may want to wait before crafting financial strategies to address the tax-relief and spending proposals outlined today by President Barack Obama.
Securities and Exchange Commission Chairman Mary Schapiro said her agency is poised to take on the scores of directives mandated by the financial regulatory reform bill President Barack Obama will sign into law Wednesday.
The online security landscape is changing in fundamental ways
The following are remarks delivered by Securities and Exchange Commission member Elisse B. Walter on Sept. 21 in San Francisco at the SEC's inaugural hearing on the state of the municipal-securities market
State regulators are bracing for an onslaught of investment advisers who will have to register with them for the first time next year
Looming hike marginal tax rates makes 2010 a good time to take bigger distributions, say advisers
The staunchest opposition to a universal fiduciary standard that would put clients' interests first isn't from securities brokers. It's from insurance agents, comments to the Securities and Exchange Commission show.
U.S. brokerages want to weigh in on how much the Financial Industry Regulatory Authority pays its senior executives and urged the watchdog to hire outsiders to investigate its ties to convicted money manager Bernard Madoff.
If carried to fruition, TD Ameritrade Institutional's latest technology initiative will be the first to open its application program interface completely to third-party technology firms able to pass muster during the custodian's security review of their systems.
The Financial Industry Regulatory Authority Inc. is telling its member firms to vote against a series of proxy proposals put forth by a small California broker-dealer.
An Ooltewah, Tenn., financial adviser has been sentenced to five years in prison and ordered to pay more than $2.7 million in restitution to his former broker-dealer, Ameriprise Financial Inc., after pleading guilty to misappropriating his clients' money while he worked for the Minneapolis-based firm.
Boston Private Bank & Trust, Inc. has knocked Bessemer Trust Co. off its perch in a poll of wealthy consumers.
Finra panel ruled that the B-D was 'negligent in not preventing' the outside business activities of a former broker
Broker-dealers are browbeating clients to settle arbitration cases by inundating them with requests for discovery information, according to a top state securities regulator.
